In His Final California Budget, Gov. Brown Boosts Education, Rainy Day Funds

Gov. Jerry Brown on Wednesday proposed a $190.3 billion overall spending plan for the 2018-19 fiscal year that would boost funding for K-12 and higher education, as well as infrastructure and the state’s Rainy Day reserve fund. That’s up from the $183 billion budget Brown signed last summer. The plan includes a $132 billion general fund budget, which pays for the state’s day-to-day operations. It’s up from the $125 billion general fund budget Brown signed last year.  It calls for raising the voter-mandated Rainy Day fund by more than $5 billion, to a total of $13.5 billion.