Tag: 2020-2021 Budget

2020 Budget Depends on Borrowing, New Taxes and Congress

The new state budget went into effect on time last week, after Governor Newsom signed 20 bills enacting hundreds of pages of new legislation...

Legislative Analyst Takes First Look at Coronavirus Impact on State Budget

Economic uncertainty due to the coronavirus (COVID-19) pandemic will create logistical and financial challenges for the state budget, the state Legislative Analyst commented this...

California Economy Remains Strong; Finance Director Outlines Investment Objectives in Governor’s Budget

California is now into the 11th year of the U.S. economic recovery and all of the state’s economic vitals continue to be strong, state...