California Governor Newsom Proposes Record $213 Billion Budget

California Governor Gavin Newsom on Monday unveiled a $213 billion general fund budget for the next fiscal year, buttressed by a $45.7 billion surplus as the most populous U.S. state enjoys strong tax revenue in the lopsided recovery from the pandemic.

The spending plan, up almost 1.4% from the current year, allocates billions of dollars to coronavirus response, mitigating wildfires and drought, easing homelessness and extending health care coverage to all undocumented residents.

“This year, we are in a substantially better place than we projected last January,” said Newsom, a Democrat up for a second term in November, during a ...