California Gov. Gavin Newsom will reveal his updated budget plan Thursday as state Democrats grapple with what they claim are “Trump inflation” impacts on public services, particularly healthcare. The state is seeing higher-than-expected revenues — but those could be offset by more state spending amid inflationary costs.

The budget was balanced with significant help from the state, including an additional $500 million in yearly revenue from the promised pied-à-terre tax on luxury second homes and $2.3 billion in savings by deferring pension fund payments

The United School District board of directors approved, 7-1, the district’s 2026-27 preliminary budget of $26,246,544 with no tax increase Tuesday. The preliminary budget came to $24,130,548 in revenues and $26,