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Mayor—s budget office briefs committee on state and federal budget risks and housing fund proposals
Summary
The mayor—s budget director summarized Governor Newsom—s proposed ~ $220 billion state budget, highlighted a proposed $750 million California Access to Housing and Services Fund and flagged state and federal revenue risks that could affect local entitlement and grant programs.
Kelly Kirkpatrick gave a concise, four-slide overview of the state and federal budget processes and the governor—s proposed fiscal 2021 priorities. She said the governor—s budget is roughly $220 billion (about 2.3% growth from the prior year) and emphasized themes of fiscal responsibility, debt reduction and building reserves in light of slowing revenue growth.
Kir…
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