Governor's proposed budget
What to Know
- Late last week, state lawmakers passed a slimmed-down $327 billion version of Gov. Gavin Newsom's proposed May budget.
- The state is working against a $12 billion budget shortfall, down significantly from the 2024-25 fiscal year shortfall that topped $46 billion.
- Lawmakers and the governor will now negotiate the finer points of the legislation ahead of a June 27 deadline.
Closing the state’s now $27.6 billion budget shortfall will sting no matter how fast the Band-Aid gets pulled off. Here’s what the most recent iteration of the governor’s proposed budget could mean for IT spending.
Those wishing to tune in to Newsom’s address may do so beginning at 11 a.m. by going to @CAgovernor on X (formerly Twitter), the “California Governor” Facebook page, or the governor’s YouTube channel.
Gov. Gavin Newsom’s proposed 2023-2024 Fiscal Year state budget would, however, fund two significant ongoing IT projects.
Upcoming Events
Join us for an exclusive one-hour presentation designed specifically for state/local government and education IT professionals.
Drowning in log data and stuck in reactive mode? It's time to transform your organization's log management with AI-powered automation and step into the future of proactive IT.
