California lawmakers and Gov. Gavin Newsom agreed on a $310.8 billion budget deal Monday, a compromise reached by dropping the governor’s proposal to move forward with a 45-mile Delta water tunnel that would pump water from the Sacramento River to other parts of the state.
Legislators released a series of bills Saturday and Sunday showing the broad outlines of a spending plan that includes more money for public transit, child care, prison reform and Medi-Cal. The measures also reflected the challenges of closing the state’s estimated $31.5 billion budget gap.
“In the face of continued global economic uncertainty, this budget increases our fiscal discipline by growing our budget reserves to a record $38 billion, while preserving historic investments in public education, health care, climate and public safety,” Newsom said in a statement late Monday evening.
