2023-24 State Budget Invests in Californians while Safeguarding State’s Future

Balanced funding program maintains investments in key priorities including schooling, wellbeing care, general public basic safety, local weather motion, addressing homelessness, housing affordability and a lot more

Enjoy Governor Newsom’s state price range presentation right here

SACRAMENTO – Governor Gavin Newsom right now launched a 2023-24 point out spending plan proposal that maintains the state’s unprecedented investments in Californians even though fortifying the state’s strong fiscal foundation amid financial and profits uncertainties forward.

“With our point out and nation experiencing financial headwinds, this price range retains the state on stable economic footing when continuing to make investments in Californians – together with transformative funding to produce on common preschool, extend wellness treatment access to all and protect our communities,” mentioned Governor Newsom. “In partnership with the Legislature, we’ll carry on to prioritize the problems that subject most to Californians although constructing a powerful fiscal foundation for the state’s upcoming.”

Despite the slowdown impacting the state’s economic and income outlook this year, the state’s motivation to constructing reserves and budget resiliency above the previous various many years permits the 2023-24 condition finances proposal to sustain vital investments reflecting the values and priorities of Californians. This features key funding to completely transform our schooling program, handle the homelessness crisis and housing affordability, raise health care accessibility, deal with the local weather crisis, preserve Californians protected and expand financial growth and expansion throughout the point out.

Through strong fiscal organizing, the Governor’s proposed price range will safeguard main systems and devote in the state’s potential by continuing to:

Progress the optimum condition education and learning for each-pupil funding in heritage, absolutely free college foods for each individual kid and common transitional kindergarten
Employ historic investments to tackle homelessness and increase housing provide
Broaden Medi-Cal, lower prescription drug expenses and bolster mental and behavioral health and fitness companies
Struggle local climate modify and protect communities from flooding, drought, wildfires and serious warmth
Continue to keep Californians harmless by expanded endeavours to overcome fentanyl, arranged retail theft and other crimes
Aid economic development and smaller organization across the state

The complete finances summary is offered at www.ebudget.ca.gov.

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