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Understanding revenues, spending & opportunities in the Governor’s 2020-21 budget proposal

Senate and Assembly budget subcommittees are starting their work on the state’s upcoming fiscal plan, including holding public hearings and reviewing Governor Gavin Newsom’s proposals for the 2020-21 budget. As many of you know, this is the time of year when policymakers determine how money is spent on programs and Californians.

To help you follow discussions in the Capitol in the coming weeks, the Budget Center is out with a new guide that outlines the Governor’s proposed 2020-21 budget, including revenue forecasts, funding proposals, and key reforms. This analysis also points to opportunities for additional investments to improve the lives of Californians still struggling to make ends meet.

Plus, learn about tax expenditures – spending that happens outside of the budget that could provide additional revenue for policymakers to share the state’s prosperity if better targeted. Finally, our new publication highlights what happens next in the state budget process.

This article was released by the California Budget & Policy Center.