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California proposes a $131.7 billion budget for fiscal year 2018-19

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By Robin Respaut

(Reuters) – California Governor Jerry Brown proposes a $131.7 billion general fund budget for the upcoming fiscal year 2018-19, a 5.0 percent increase from the current fiscal year.

The state’s total budget would be $190.3 billion under Brown’s proposal, a 4 percent increase from the current year, according to the state’s department of finance.

(Reporting by Robin Respaut in San Francisco)

Source: https://www.yahoo.com/news/marijuana-taxes-surplus-expected-boost-california-budget-023001156–business.html




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