CA EDGE Coalition’s Overview of the 2023-24 May Revision
On May 12, 2023, Governor Gavin Newsom released the 2023-24 May Revision – a $306 billion spending plan with various adjustments to the January budget proposal including funding delays, reductions, trigger cuts, and cost shifts in order to address the $31.5 billion deficit – a rise from the projected $22.5 billion deficit in January. Although […]
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