California Leaders Strike Balanced Budget Deal with Zero Deficit
Gov. Gavin Newsom and legislative leaders announced a 2026–27 budget agreement that eliminates the deficit while protecting healthcare, education, and climate programs.
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9 results for "Budget"
9 results for “Budget”
Gov. Gavin Newsom and legislative leaders announced a 2026–27 budget agreement that eliminates the deficit while protecting healthcare, education, and climate programs.
The city council will consider a contract amendment with Dinsmore Landscape Company for citywide landscape maintenance services during the July 1 meeting. The proposed agreement includes an enhanced scope of work, updated payment terms, and a one-year extension option.
The city council will consider approving tree service contracts for as-needed emergency work during the July 1 meeting. The recommended action includes agreements with Oscar’s Tree Service and Mario Topete Tree Care for fiscal year 2026-27.
The city council will review and accept vendor check registers for June 11 and June 18, 2026, during its July 1 meeting. Staff reports detailing the payment records are attached to the agenda.
Governor Gavin Newsom and legislative leaders announced a balanced budget agreement on June 26 that closes California's deficit with zero deficit for both the current and next fiscal year, protecting healthcare, education, and housing programs.
On June 17, 2026 the Saratoga City Council adopted its fiscal year 2026-27 budget and a package of property tax levy rates, including the Library 2011 GO Bond rate of $0.0034 per $100 of secured value and the Arrowhead CFD parcel charge of $6,500 per parcel.
Governor Gavin Newsom and legislative leaders announced a $351.7 billion balanced budget agreement that boosts reserves to $28.8 billion, invests in housing and homelessness, and places a constitutional amendment on the November ballot.
Governor Gavin Newsom and Democratic legislative leaders announced a $351.7 billion budget agreement that eliminates deficits for the next two fiscal years, protects core services, and builds $28 billion in reserves ahead of the July 1 fiscal deadline.
Governor Newsom and California legislative leaders are locked in a budget standoff days before the July 1 fiscal year start, as the Legislature pushes to restore more than $6 billion in spending the governor proposed cutting.