Claim False

The Rainy Day Fund balance is projected to be $19.4 billion by the end...

Gavin Newsom: The Rainy Day Fund balance is projected to be $19.4 billion by the end of the 2023-24 fis... Published Jan 10, 2020. Status: False. The provided...

  • Actor: Gavin Newsom
  • Topic: Economy
  • Status: False
  • Published: Jan 10, 2020
  • Deadline: Jun 30, 2024
The Rainy Day Fund balance is projected to be $19.4 billion by the end of the 2023-24 fiscal year.

FactTracker assessment

The provided source from 2020 contains outdated projections. Based on the California Department of Finance's...

Original source: gov.ca.gov