Governor Shapiro Unveils 2025-26 Budget Proposal

2 days ago · Harrisburg, PA – Today, Governor Josh Shapiro presented his 2025-26 budget proposal to the General Assembly and the people of Pennsylvania — a commonsense plan that builds on two years of progress, continues to solve problems, and paves the way for a …

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The 2025-26 Budget: Overview Of The Governor S Budget

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savings of $11 billion through 2025-26. The Governor’s budget reduces this amount by $1.3 billion through 2025-26. The reason for the reduction is the recent voter approval of Proposition 35 …

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Ebudget

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Jan 10, 2025 · The 2025-26 Governor’s Budget proposes spending of $322.2 billion in total state funds, consisting of approximately $228.9 billion from the General Fund, $86.8 billion from …

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The 2025-26 Budget: Overview Of The Governor’s Budget

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Budget Condition Under Governor’s Budget, Reserves Would Total $15 Billion by End of 2025‑26. Under the Governor’s budget, general purpose reserves would total $15.4 billion by the end of …

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Quick Summary: Governor’s 2025-26 January Budget Proposal

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Jan 26, 2025 · The Governor’s budget includes $7.1 billion ($4.6 billion General Fund) for child care and development programs in 2025-26. No new child care proposals have been included …

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UPDATED: Highlights And Analysis Of The 2025-26 Governor’s Budget

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6 days ago · The Governor’s budget now projects caseload for the current 2024-25 fiscal year to be 15 million individuals at a cost of $175 billion ($38 billion General Fund). In the upcoming …

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HIGHLIGHTS OF GOVERNOR'S PROPOSED 2025-2026 BUDGET

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Highlights of Governor's Proposed 2025-26 Budget January 10, 2025 Assembly Budget Committee 4 HEALTH Department of Health Care Services Maintains $174.6 billion ($37.6 …

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Highlights And Analysis Of The 2025-26 Governor’s Budget

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Jan 24, 2025 · The Governor’s budget includes $6.4 billion ($4.6 billion General Fund) for child care and development programs in 2025-26. No new child care proposals have been included …

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Understanding The Governor’s 2025-26 State Budget Proposal

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The governor’s budget proposal assumes that state General Fund revenues across the three-year budget window — covering fiscal years 2023-24 through 2025-26 — will be $16.5 billion higher …

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3a: Overview Of Governor Newsom S Fiscal Year 2024-25 State …

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Staff anticipates a major budget priority this year will be ensuring the $5.1 billion transit package, adopted in the FY 2023-24 budget remains intact. Specific funding commitments for FY 2025 …

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The Budget And Economic Outlook: 2025 To 2035

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Jan 17, 2025 · In CBO’s projections, the federal budget deficit in fiscal year 2025 is $1.9 trillion. Adjusted to exclude the effects of shifts in the timing of certain payments, the deficit grows to …

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The Governor's 2025-26 Budget Preview: What You Need To Know

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Jan 7, 2025 · On Monday, January 6, Governor Newsom previewed California's 2025-26 state budget. The Governor cited a $322.2 billion balanced budget with $228.9 billion in general …

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California EDGE Coalition’s Summary Of The Governor’s 2025-26 …

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Jan 14, 2025 · On January 10th, California Director of Finance Joe Stepenshaw provided details of Governor Gavin Newsom’s 2025-26 state budget proposal – $322.2 billion proposal with no …

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FAQs about Governor Shapiro Unveils 2025-26 Budget Proposal Coupon?

How much would a 2025-26 budget cost?

When counting all state funds, the 2025-26 budget would reach $322 billion, a decline of about $10 billion from the current year. Federal funds would add another $171 billion in 2025‑26, a slight increase from the current year. Massive Deficits Persist Throughout Forecast. ...

How much will the Governor spend on child care in 2025?

Child Care Collective Bargaining and Rate Increases. The Governor’s budget includes $7.1 billion ($4.6 billion General Fund) for child care and development programs in 2025-26. ...

What does the Governor's budget proposal say about state general fund revenues?

The governor’s budget proposal assumes that state General Fund revenues across the three-year budget window — covering fiscal years 2023-24 through 2025-26 — will be $16.5 billion higher than projected when the 2024-25 budget was enacted, before taking into account the administration’s tax policy proposals. ...

Does the Governor's budget include a new general fund?

The Governor’s budget fails to include any new General Fund in 2025-26 for the Homeless Housing Assistance and Prevention program, which provides flexible funding necessary to support local governments’ homelessness efforts. Encampment Resolution Grant Program. ...

How much does the Governor's budget reduce MCO taxes?

The Governor’s budget reduces this amount by $1.3 billion through 2025‑26. The reason for the reduction is the recent voter approval of Proposition 35 (2024), which requires the state to spend less MCO tax money on offsetting General Fund spending and more money on provider rate increases. State Operations Reductions. ...

What types of budget proposals are included in the Governor's budget?

The Governor’s budget includes three categories of discretionary proposals. First, some proposals provide short‑term budget savings that create more budget capacity. These total $2.2 billion. Second, the Governor’s budget includes new discretionary proposals that use budget capacity by increasing spending or reducing revenues. ...