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The Coronavirus Pandemic Will Test the State’s Budget Reserves

By Radhika Mehlotra, Jennifer Paluch

State reserve policies enacted since the Great Recession have boosted the capacity of California’s budget to weather a downturn, but a major recession due to COVID-19 would pose significant fiscal challenges.

blog post

Record Growth Puts Money in the Bank for California

By Patrick Murphy, Jennifer Paluch, Radhika Mehlotra

More than 120 straight months of job growth has provided a major boost to state revenues, allowing for increased spending as well as record reserves.

Fact Sheet

California’s State Budget: The Governor’s Proposal

By Radhika Mehlotra, Patrick Murphy

Governor Newsom’s first budget proposal would build up budget reserves and pay down debt—while increasing funding for housing, education, and health and human services.

blog post

Good Budget News for Higher Education

By Kevin Cook

Governor Brown's final budget includes just over a billion dollars in new funding for California's higher education systems.

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