Gov. Newsom’s May revisions protects education priorities, cuts $4.3 billion in one-time funding

Credit: Office of the Governor

Gov. Gavin Newsom presents revised budget plan in Sacramento on May 12, 2023

This article was updated at 8 p.m. on May 12 with additional quotes and details.

Reflecting a further erosion in state revenues, Gov. Gavin Newsom is budgeting $2 billion less for TK-12 and community colleges for the coming fiscal year than he proposed five months ago.