Home / Siskiyou News / California’s budget outlook is grim. Here’s what you need to know

California’s budget outlook is grim. Here’s what you need to know

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.

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But life turns on a dime.

The January wildfires that ripped through Los Angeles forced the state to

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