Smaller Overall, New State Budget Still Finds Money for Tech
The state's 2020-2021 Fiscal Year budget is about 6 percent smaller than last year's and takes into account a projected $54.3 billion shortfall, due to the economic climate brought on by the COVID-19 pandemic. But it also finds funding for several technology and innovation projects and initiatives.
With less than 48 hours before the start of the 2020-2021 Fiscal Year on July 1, Gov. Gavin Newsom signed the new California state budget late Monday, a $202 billion document that is about 6 percent smaller than its $215...