Sen. Dodd Responds to Gov. Newsom’s 2023 Budget
SACRAMENTO – Sen. Bill Dodd, D-Napa, issued the following statement today upon the release of Gov. Gavin Newsom’s proposed 2023-24 budget, which invests heavily in essential services such as public schools and wildfire prevention while committing significant resources to affordable housing production, economic development and public safety.
“Years of responsible budgeting and building our rainy day fund will help us meet what otherwise would have been a challenging deficit,” Sen. Dodd said. “Fortunately, we have the resources on hand to continue to pay for essential services such as emergency response and schools while achieving goals on housing and climate, among others. I’ll be working with my colleagues in the Legislature to build upon this budget framework to invest as wisely as possible.”
Gov. Newsom’s $297 billion budget includes a $22.5 billion shortfall caused by anticipated revenue declines. However, because of careful budgeting in previous cycles, it will include no service cuts and no new taxes. Highlights of the 2023-24 budget include:
- $35.6 billion in total reserves
- $108.8 billion for K-12 and higher education: includes record $23,723 per-pupil investment.
- $12.5 billion for learning recovery and loss mitigation
- $1.2 billion for universal transitional kindergarten
- $15.3 billion in homelessness reduction programs
- $4 billion in higher education student housing
- $2.7 billion in wildfire prevention and forest resilience including vegetation management and science-based solutions
- $8.6 billion in water supply improvements and drought management
- $202 million in urban and Delta flood risk reduction
- $2.85 billion in affordable housing development
- $4.8 billion in universal healthcare
- $8 billion in behavioral health services
- $758 million in public safety including additional investments in border interdiction and opioid and fentanyl abuse reduction
Senator Bill Dodd represents the 3rd Senate District, which includes all or portions of Napa, Solano, Yolo, Sonoma, Contra Costa, and Sacramento counties. You can learn more about the district and Senator Dodd at www.sen.ca.gov/dodd.