Taxpayer Costs for Wildfires

What’s happening? The taxpayer costs for California wildfires is adding up. The $604.2 million state emergency fund has already spent  $849.1 million. Yes, they’re about $245 million over cost estimates.

Why is this important? California fills its emergency fund with general revenue from its personal income tax, sales tax and corporation tax.

How will this be important? Any legislation that emerges could serve as a model for other states that face wildfire costs such as the 2021 legislation, the $1.5 billion Wildfire and Forest Resilience Package to mitigate future significant wildfires

Sacramento Bee via Governing | How Much Are California’s Wildfire Efforts Costing Taxpayers?