By Yue Stella Yu, CalMatters
This story was originally published by CalMatters.
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Gov. Gavin Newsom opened this year with a rosy forecast: Buoyed by $17 billion more in revenue than previously planned, the state would have a modest surplus of $363 million for fiscal year 2025-26, he told reporters in January.
But life turns on a dime.
The January wildfires that ripped through Los Angeles forced the state to





