Tag: California Budget

Legislature Passes Budget, Clearing the Way for Real Budget Negotiations

The Legislature fulfilled its constitutional obligation this week by approving a state budget just ahead of the June 15 deadline. But meeting the formal...

State Expects to Receive Surplus Revenue, But Sees Deficits on the Horizon

Despite enjoying a record $34 billion budget surplus and prudent reserves from burgeoning but one-time tax revenues, California budget officials expect to see fiscal...

CalChamber Applauds Governor’s Proposed Grants for Small Businesses

Today, as part of his budget announcement, Governor Gavin Newsom proposed adding much-needed financial relief for California employers in the form of tax credits/tax...

State Finance Director to Review Governor’s 2021 California Budget in Free Webinar

Finance Director Keely Martin Bosler will be outlining Governor Gavin Newsom's 2021 budget priorities in an online webinar presented by the California Chamber of...

The Private Sector Cannot be California’s Safety Net

The California Chamber of Commerce and a coalition of employer groups this week voiced concerns about the feasibility of the wildfire smoke protection emergency...

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...