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politics @lemmy.world · 7 months ago

California Gov. Newsom's administration orders state spending freeze as it braces for big budget problem, $86 billion deficit

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California Gov. Newsom's administration orders state spending freeze as it braces for big budget problem, $86 billion deficit

return2ozma@lemmy.world to

politics @lemmy.world · 7 months ago

6

Newsom's administration orders state spending freeze as it braces for big budget problem

As it braces for one of the biggest state budget shortfalls in state history, Gov. Gavin Newsom's administration is demanding that California state agencies freeze their spending.

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Semi-Hemi-Demigod@kbin.social
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7 months ago
If I’m reading this right, they had to comply with federal tax extensions, which pushed a lot of the revenue out of the fiscal year.

If so, wouldn’t that revenue be extra in 2024?

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