Governor’s budget keeps major commitments while bolstering reserves, DFM tells JFAC

Jan 7, 2025

Administrator Laurie Wolf presented the governor’s executive budget to the Joint Finance-Appropriations Committee, highlighting education investments, transportation funding, wildfire and water spending, workforce and housing measures, and a conservative revenue approach that preserves record rainy-day balances.

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Governor’s executive budget: Division of Financial Management Administrator Laurie Wolf presented the governor’s executive budget to the Joint Finance and Appropriations Committee on Jan. 8, outlining a plan that preserves a structural balance while funding education, transportation, water, wildfire response, workforce training and limited tax relief.

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