2019-20 Budget Year
May 10, 2019
In Gov. Newsom’s May Revision, revenue estimates are $3.2 billion above January estimates. Most of these increases are going toward constitutionally required reserves, debt repayment, and increases to several of the governor’s education priorities outlined in his January proposal, including early childhood education special education and educator training.
January 17, 2019
Gov. Newsom inherited a strong economy and made proposals based on the assumption that the economic expansion would continue. His “A California for All” budget projects a $21.4 billion surplus. This budget makes significant investments in early childhood, releases bond money for school facilities, pays toward CalSTRS unfunded liabilities and creates a “cradle to career” student data system.
January 11, 2019
Gov. Newsom released his first budget proposal which he is calling “California for All.” The governor’s education budget proposal includes investments in early childhood education, increased funding for K-12, community college and higher education and significant allocations to educator retirement systems.