California passes budget with tax refunds, other benefits
On June 30, Gov. Gavin Newsom signed the legislation enacting the fiscal 2022-2023 budget. The total state budget exceeds $300 billion, of which $234.4 billion is the General Fund. Submitted in January, Newsom’s initial proposed budget was for $286.5 million. With the nation’s economic future still uncertain, the final budget includes $37.1 billion for reserves….


