Millions For Climate, Environmental Priorities In Newsom’s May Budget

California Gov. Gavin Newsom threw some more money into the environmental pot Thursday as part of the state’s May budget revision. The new funding includes about $250 million for climate-related programs, thanks to the state’s cap-and-trade program, and $75 million to fund an assessment of wildfire protection plans. The update of his January budget proposal, required by the state constitution, reflects tax revenue collected through April 15. The record $213.5 billion spending plan includes about $4 billion in additional revenue above his January budget. The Legislature now has until June 15 to pass a budget for the 2019-20 fiscal year, which begins July 1.