Connect Media > California News > Top California > California Governor Newsom Proposes $227-Billion State Budget

January 11, 2021 Comments (0) Views: 462 California News, Top California

California Governor Newsom Proposes $227-Billion State Budget

Order Reprints...

California Governor Gavin Newsom on Friday submitted his 2021-22 State Budget proposal to the Legislature. The $227.2 billion fiscal blueprint provides funding for immediate COVID-19 response and relief efforts, while making investments for an equitable, inclusive and broad-based economic recovery. The state is operating with a $15 billion surplus.

Governor Newsom says, “In these darkest moments of the COVID-19 pandemic, this Budget will help Californians with urgent action to address our immediate challenges and build towards our recovery.”

The budget proposes $372 million to speed up administration of vaccines across all of California’s 58 counties, bolstering the state’s all-hands-on-deck approach to swift and safe vaccine distribution. Roughly $90 billion is earmarked for school funding, the most in California’s history. It also includes a $14 billion investment in economic recovery and for the Californians who most need relief such as those who have lost their jobs, small businesses, or those facing eviction.

Connect With Governor Newsom


Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser

Tags: , ,

Comments are closed.