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8.A. - Page 36 of 42 <br />Tota I Entertainment <br />UnemploymentSpending 111 <br />■',.,"■ <br />___ 111111111 <br />Home Total Consumer <br />Building 11 111111 II Spending <br />Stock New Business <br />Market 111111111111 <br />Formations I' <br />Last month, California Governor Gavin Newsom submitted his FY 2021-22 state budget proposal to the <br />Legislature. The $227.2 billion budget, with $164.5 billion of expenditures in the General Fund, provides <br />funding for immediate COVID-19 response and relief efforts, while making investments for an equitable, <br />inclusive, and broad-based economic recovery. However, it should be noted that there are no <br />appropriations for COVID-19 relief funding for local agencies included in the FY 2021-22 state budget. <br />7 <br />567 <br />The graph on the left <br />California Economy <br />shows a composite of <br />Jan 2020 to Dec 2020 <br />the 10 variables. <br />Measured by 10 keyvariables <br />Individual data shown <br />'111111. <br />below, <br />Jobs <br />Payrolls <br />New <br />Restaurant <br />Unemployment <br />Spending I_■I�IIII� <br />Tota I Entertainment <br />UnemploymentSpending 111 <br />■',.,"■ <br />___ 111111111 <br />Home Total Consumer <br />Building 11 111111 II Spending <br />Stock New Business <br />Market 111111111111 <br />Formations I' <br />Last month, California Governor Gavin Newsom submitted his FY 2021-22 state budget proposal to the <br />Legislature. The $227.2 billion budget, with $164.5 billion of expenditures in the General Fund, provides <br />funding for immediate COVID-19 response and relief efforts, while making investments for an equitable, <br />inclusive, and broad-based economic recovery. However, it should be noted that there are no <br />appropriations for COVID-19 relief funding for local agencies included in the FY 2021-22 state budget. <br />7 <br />567 <br />