Governor Newsom will hold a press conference to provide an overview on California’s proposed budget tomorrow, Friday May 13th at 10:00AM—also historically known as the May Revise. The Legislative Analyst’s Office (LAO) budget status report recommended that Legislators reject spending proposals due to the potential to triggering budget deficits in the coming years. This has casted doubt over the Governor’s proposed budget actions on transportation, healthcare, homelessness, etc.
To view the Governor’s upcoming press conference please visit this link tomorrow, Friday May 13. The Governor’s May Revised Budget will be displayed here shortly following the announcement. For questions regarding the Governor’s budget please contact Jacob Villagomez at Jacob@cacitrusmutual.com.
More information will be updated and distributed when available.
