KSC Updates

2017 Legislative Report

September 2017 The Legislature adjourned the first year of the 2017–2018 Legislative Session at about 3 a.m. Saturday, September 16,

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Governor Newsom Introduces Proposed California Budget for 2024-25

This week, Governor Newsom presented his proposed $291.5 billion budget, which includes $223.6 billion from the General Fund. The Budget anticipates a $37.9 billion budget shortfall, for which the Governor points to a decline in stock market returns in 2022 and a delay in income tax collections, following an IRS extension (impacting the May revision from the current year budget), as the major causes.

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