Heeding the advice of the Legislative Analyst’s Office to take a deliberate pace when considering Governor Gavin Newsom’s budget proposal for 2021-22, both houses of the Legislature canceled several scheduled budget committee hearings this week.
Revenue from the state government’s three largest taxes beat budget projections by $3 billion (21 percent) for the month of December, the Legislative Analyst’s Office (LAO) reported January 20.
Governor Gavin Newsom’s $227.2 billion state budget proposal for 2021-22 asks the Legislature to approve $5 billion in spending within the next few weeks, but Legislative Analyst Gabe Petek warned lawmakers not to rush the process.
Governor Gavin Newsom this morning unveiled a $227.2 billion state budget proposal – roughly $25 billion higher than the budget enacted last summer …
