With California’s finances buoyed by unanticipated tax revenues and a $27 billion boost from the American Rescue Plan, Gov. Gavin Newsom on May 14 rolled out a proposed $267.8 billion budget he called “historic” and “transformational,” with infusions of funding for housing, education, healthcare, infrastructure, environmental justice, and immediate relief for families and small businesses. Among spending priorities: Housing: Some $12 billion would go toward building affordable housing and taking other steps to house the unhoused, including increasing mental health…