Ca Budget Bill 2024. Republicans criticized the proposal as out of touch with californians’. Newsom and legislative leaders announce an agreement to bridge the state budget deficit by dipping into reserves and reducing some spending.
The goal of this report is to give the legislature our independent estimates and analysis of the state’s budget condition as lawmakers begin planning the 2024‑25 budget. Each year, our office publishes california spending plan series, a series of publications that summarize the annual state budget.
