Senate Leader Atkins Issues Statement on LAO’s 2024-25 Fiscal Outlook

SACRAMENTO – Senate President pro Tempore Toni G. Atkins (D-San Diego) released the following statement regarding the Legislative Analyst’s Office’s 2024-25 Fiscal Outlook issued today:

“The LAO’s Fiscal Outlook includes challenging news – we can withstand this, but we will need to be cautious and mindful as we approach our budgeting and legislation next year and in the years to come. As I said last week when the LAO issued its revenue forecast, California is prepared to withstand these budget challenges. Our record reserves and other budgeting tools will help us weather this shortfall, while at the same time protecting middle class taxpayers and the programs and resources that help Californians and families.”

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Toni G. Atkins is President pro Tempore of the California Senate. Having previously served as Speaker of the California Assembly, she began her tenure in the Senate in 2016. As Senator for District 39, she represents the cities of San Diego, Coronado, Del Mar and Solana Beach. Website of President pro Tempore Toni G. Atkins: www.senate.ca.gov/Atkins