News & Analysis as of

California General Fund

Manatt, Phelps & Phillips, LLP

Governor Proposes to Overcome $45 billion Budget Deficit

California Governor Gavin Newsom released the “May Revision” to the state budget on Friday. The May Revision, or “May Revise,” takes into account actual state revenues collected through April....more

Manatt, Phelps & Phillips, LLP

California’s History-Making 2021–2022 State Budget: An Overview

California Governor Gavin Newsom and the state Legislature enacted a $196 billion spending plan for FY 2021–22, the largest budget in state history. Buoyed by a record budget surplus estimated at $85 billion, including $26…...more

Perkins Coie

Charter Amendment Regarding Lease Revenue Bonds Did Not Require Voter Approval

Perkins Coie on

The California Court of Appeal held that 2016 amendments to the San Diego City Charter did not require the City to obtain voter approval prior to entering into a lease revenue bond transaction with the Public Facilities...more

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