An agreement between Gov. Gavin Newsom and the California Legislature that reduces the state’s budget shortfall by about $17.3 billion will also cut hundreds of millions from the state’s public school facilities.
The Early Action Agreement Overview, signed April 4 by the governor, reduces the estimated $73 billion budget deficit with billions in cuts, delays, fund shifts, borrowing, and deferrals, according to a fact sheet from the governor’s office.
