California State Budget

Governor Gavin Newsom released his May Revision of the 2025–26 California state budget on May 14, 2025, announcing a projected $12 billion deficit. The Governor proposed a $322 billion spending plan, which includes several key proposals:
Transportation
The May Revise proposes $17.6 million one-time from the State Highway Account to support the 2028 Olympic and Paralympic Game in Los Angeles, including facility development, ongoing planning efforts, and work on the Games Route Network project.