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California State Budget: Legislature Announces Counter Proposal to Gov’s 2024-25 Plan

Last week, members of both houses of the California legislature discussed plans to close the state’s $27.6 billion budget gap, restore funds to build housing, preserve social services, and help the state save money. The legislative hearings on the budget took place nearly three weeks after Gov. Newsom presented the May revision of his 2024-25 annual spending plan.

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California Assembly Speaker Robert A. Rivas
California Assembly Speaker Robert A. Rivas.

By California Black Media

Last week, members of both houses of the California legislature discussed plans to close the state’s $27.6 billion budget gap, restore funds to build housing, preserve social services, and help the state save money.

The legislative hearings on the budget took place nearly three weeks after Gov. Newsom presented the May revision of his 2024-25 annual spending plan.

On May 30, Assembly Speaker Robert Rivas (D-Hollister) and Senate Pro Tem Mike McGuire (D-North Coast) announced a joint legislative budget proposal on May 30 that saves approximately half of the state’s reserves for future budget years.

“Fixing California’s deficit means making tough choices, so the Assembly came to these negotiations focused on preserving programs that matter most to Californians: lowering the cost of living, expanding affordable housing access and sustaining public services,” said Rivas.

The Democratic Party Budget Committee reviewed the governor’s proposed spending plan to remove various programs and reduce funding for agencies statewide. Newsom’s proposed cuts to public schools across California prompted teachers’ unions to push back with advertisements pressuring the governor to reconsider his budget plans.

The California Teachers Association argued that public schools could lose billions in the next few years resulting in a loss of teachers and resources in the state.

“This agreement is sound and makes the necessary tough decisions meeting the needs of this critical time, all while maintaining our commitment to strong public schools, investing in desperately needed resources in homelessness and workforce housing, health care access, resources to keep our communities fire safe, key climate investments and more,” said McGuire.

H.D. Palmer, a spokesperson for the Department of Finance, said that Gov. Newsom agreed to a temporary arrangement with the teachers’ union to delay spending cuts. The parties agreed to suspend Proposition 98, a law that guarantees an annual minimum amount of funding for public schools.

“The result of that is an agreement we can both support, and that advances two shared goals: avoid multi-billion-dollar cuts to schools in the near term and provide greater predictability for school budgets in the long term,” said Palmer.

The State Senate held budget hearings this week to finalize the plan due by June 15. By state law, once the budget plan is passed, the Governor will have to finalize it by July 1, the beginning of the new fiscal year.

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Oakland Post: Week of July 24 – 30, 2024

The printed Weekly Edition of the Oakland Post: Week of July 24 – 30, 2024

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Oakland Post: Week of July 17 -23, 2024

The printed Weekly Edition of the Oakland Post: Week of July 17 -23, 2024

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California Black Media

New California Laws Require High School Classes on Drug Education, Financial Literacy and Ethnic Studies

Last week, California became the 26th state to require high school seniors to pass courses focused on finance literacy, coming behind recently added ethnic studies prerequisite and a health class requirement focused on the dangers of fentanyl use. The senior class of 2031 will be the first group of students to take the mandatory financial literacy course. California school districts are required to implement Assembly Bill 2927, authored by Assemblymember Kevin McCarty (D-Sacramento), at the beginning of the 2027-2028 academic year.

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iStock photo.
iStock photo.

By Bo Tefu

California Black Media

Last week, California became the 26th state to require high school seniors to pass courses focused on finance literacy, coming behind recently added ethnic studies prerequisite and a health class requirement focused on the dangers of fentanyl use.

The senior class of 2031 will be the first group of students to take the mandatory financial literacy course. California school districts are required to implement Assembly Bill 2927, authored by Assemblymember Kevin McCarty (D-Sacramento), at the beginning of the 2027-2028 academic year.

The bill works hand-in-hand with newly approved Assembly Bill 2429, authored by Assemblymember David Alvarez (D-San Diego). That law requires students to take health classes that discuss the dangers of fentanyl use and illegal drugs commencing in the 2026-2027 school year.

Both bills require high school seniors to complete the designated coursework during any semester between the ninth and 12th grades. High school students in charter schools are also required to complete the state-mandated coursework. Under this law, local educational agencies will impose the required courses using state-mandated local programs.

McCarty said that the financial literacy classes will prepare students for the future and empower them to make smart money decisions throughout life.

“It’s such an important life skill,” he said. “The stressors that young people face today — especially student loans, renting, buying a house, credit cards all those things are so critically important. And if you fall behind, the consequences have a serious impact later in life.”

Unlike the bill on financial literacy that imposes classes as a graduation requirement, the bill on health education allows school districts to choose if health classes are a graduation prerequisite.

Alvarez said that health education can help address the state’s fentanyl epidemic, specifically among the youth.

“I think it’s important… that we share facts with young people, especially these days as they rely more and more on social media with misinformation,” said Alvarez.

“There’s still no better-trusted source than our schools for students and for families to receive the information that they need in order to make better decisions and better choices,” he continued.

Gov. Gavin Newsom said the state needs to help prepare young people in a statement backing the bills.

“Saving for the future, making investments, and spending wisely are lifelong skills that young adults need to learn before they start their careers, not after,” the Governor said in statement backing the education bills.

Starting in the 2025-2026 academic year, the state will also require high school seniors to take an additional one-semester course on ethnic studies.

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