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California Budget

July 1, 2019, 10am PDT
Gov. Gavin Newsom signed his first budget, the state's largest ever at $215 billion. Housing activists will be pleased to learn that it has, to use Newsom's terms, both "carrots and sticks" to compel cities to produce more housing.
The Sacramento Bee
January 14, 2019, 8am PST
Newly inaugurated California Gov. Gavin Newsom made waves on Thursday in his budget address, threatening cities and counties with the possibility of losing a portion of their gas tax subventions if they fail to meet their state housing requirements.
Streetsblog California
September 19, 2017, 8am PDT
On the final day of the legislative session, the California Legislature approved a budget bill that directs $1.5 billion in carbon auction revenues. A prior post described a bill that would have quadrupled state EV rebates: but it died.
CALmatters
January 15, 2017, 11am PST
California's recent rains brought relief to a large part of the water-starved state, but another drought of a political nature hasn't seen relief—the will of coastal municipalities to permit more housing. Brown outlined a way for new funding.
Streetsblog California
January 7, 2014, 9am PST
California's embattled high speed rail, which appears to be on life support following a Nov. court ruling, will receive funds from the state's carbon cap & trade program in Gov. Brown's budget to be released Friday. But will it make a difference?
The Sacramento Bee - Capitol Alert
May 20, 2010, 12pm PDT
A judge ruled that the state of California is allowed to pluck $2 billion out of local redevelopment tax increment funds. Redevelopment agencies ponder near-shutdown of new projects.
California Planning & Development Report