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Tuesday, July 1, 2025

Budget: The Missing Piece - Part 2

Yesterday we noted that even though the governor had signed the budget (and there had been some commentary on it from UC), there was a missing piece that potentially could void it.*

The budget contained a provision that it would only come into effect if a seemingly-unrelated bill pertaining to housing and infrastructure were signed by June 30th. The idea was to force the legislature to adopt the bill quickly without the usual procedures.

And, given the threat of the whole budget unraveling, the legislature - with grumbling - did enact the bill yesterday. So now there really is a budget, including the provisions for UC. Note, however, that midcourse corrections and adjustments are always possible. And the revenues and expenditures in the budget, those that actually occur as opposed to what's on paper, will in fact depend on economic developments.

You can read about the bill signing at https://www.sacbee.com/news/politics-government/capitol-alert/article309722755.html.

The signing ceremony for the housing/infrastructure bill is at:

https://ia600107.us.archive.org/25/items/becerra-announces-for-governor-4-2-2025/newsom%206-30-2025%20housing%20and%20infrastructure%20bills.mp4.

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*https://uclafacultyassociation.blogspot.com/2025/06/budget-missing-piece.html.

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