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Rainy Day Fund

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
April 20, 2019, 11am PDT
The 3 cent gas tax and 6 cent diesel tax increases are among the lowest of any states that have hiked fuel taxes since 2013, but combined with other revenue sources in the legislation, plus an upcoming sales tax ballot measure, it's historic.
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