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CWDA 2025 State Budget
Update #1 - Governor’s Proposed 2025-26 Budget

Overall Budget Picture

California’s overall economic picture has performed better than projected compared to the 2024 Budget Act. The stronger-than-anticipated performance of the economy, stock market, and cash receipts, combined with an improved economic outlook, have all contributed to an upgraded revenue forecast, with General Fund (GF) revenues coming in higher by approximately $16.5 billion in the three-year period of 2023-24, 2024-25, and 2025-26, and with the state having a modest surplus of $363 million.

Press release

CWDA Post-Election Analysis

EXECUTIVE SUMMARY

The incoming Republican administration and Congressional majority will employ executive powers and legislative tools to dismantle Biden-era policies, implement new priorities, and reshape the federal government’s regulatory and fiscal landscape. This memo includes an overview of the policy levers available to President-elect Trump and Congress and the outlook for health and human services programs and vulnerable populations.

Presentation

Budget Update #4 – Final Budget Agreement

The Governor, Senate Pro Tem McGuire, and Assembly Speaker Rivas announced on Saturday, June 22, 2024 that they have reached a final agreement on the 2024-25 budget. The Legislature will be voting on the budget bills and budget trailer bills this week, which will go to the Governor for signature prior to the start of the new fiscal year on July 1.

Presentation

Budget Update #3 – Legislature’s Budget Plan

The Assembly and Senate have reached a two-party budget agreement and took actions in their respective budget committees today to adopt the plan. We do not yet know the timing of the next steps of the process – when there will be a full Senate and Assembly vote on the budget plan and when legislative leadership negotiations with the Governor will begin in earnest (and whether there will be a three-party final budget deal prior to June 15t h) . We will continue to keep you posted as we learn more about the process and timing.

Blog Posts

Blog post Carlos Marquez III

California Needs to Step Up Its Support of Our Most Vulnerable Kids & Families

In California, at any given time, about 55,000 children are living in foster care – young people for whom the State of California has legally taken on parental responsibility. Child welfare services, including foster care, is run by counties in California, with state oversight. Though counties run the system on the ground, state leadership is essential to ensuring children and families have access to resources and supportive services to help them avoid abuse and neglect, overcome trauma, and move forward in a healthy way.