California's budget shortfall could be worse than expected

California's budgetary woes are worse than expected, forcing state lawmakers to grapple with a nearly $18 billion shortfall ...
News Channel 3-12

California Faces $18 Billion Budget Gap as Leaders Weigh Deep Cuts

State leaders are bracing for a multibillion-dollar challenge as California faces an estimated $18 billion deficit heading ...
EdSource

First look at 2026-27 state budget: Schools and community colleges are fine — for the moment

The Legislative Analyst's Office forecasts healthy one-time revenues in 2026-27, but a cooling of AI stocks and a structural ...

California faces almost $18B budget gap as spending outpaces revenue

CALIFORNIA, USA — California is bracing for a nearly $18 billion budget deficit next year, according to a new projection from ...
Davis Vanguard

LAO Fiscal Outlook Warns of Deepening Budget Crisis, Counties Say Services at Risk

The Legislative Analyst's Office has released its annual fiscal outlook for the 2026-27 state budget, warning of a difficult ...

‘Larger Than Anticipated’: California Admits It Botched Deficit Estimation By $5B

In an update to California’s fiscal 2026-2027 budget outlook Wednesday, a new report released by the state’s nonpartisan ...

Newsom closed 4 prisons and trimmed payroll. Corrections spending is still over budget

California's $17.5 billion prison system is over budget, contributing to a projected state deficit. Gov. Gavin Newsom has cut spending with prison closures.

California faces an $18 billion deficit as prison reform debate intensifies

California Gov. Gavin Newsom has floated several ideas to stabilize the state’s finances. Some are controversial, some ...