There is a schedule which puts the deadline for the May Revise for fiscal year 2024-25 as May 14, i.e., next Tuesday.* According to the Sacramento Bee, the May Revise presentation will be on this Friday,** May 10, ahead of the deadline. Presumably, something will be said about whatever the governor proposes at the upcoming Regents meetings next week.
Tomorrow, the state controller will release figures for cash receipts through April - normally the big receipt month since personal income taxes are due. That will provide yet another data point.
We await.
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*https://rrnetwork.org/policy/key-dates.
**https://www.sacbee.com/news/politics-government/capitol-alert/article288392160.html.
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