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Tuesday, December 12, 2017

Extra Billion

There's no evidence that he actually said it (and maybe you don't know who he was, anyway.)
The latest state controller's cash report though November indicates that there was an extra billion dollars in revenue during the current fiscal year. So, although the governor will undoubtedly push for fiscal prudence, more in the rainy day fund, etc., as he does with each budget message, there will be a counter-push in the legislature toward spending increases. Will UC benefit? We'll see.

The report is at:
https://www.sco.ca.gov/Files-ARD/CASH/November%202017%20Statement%20of%20General%20Fund%20Cash%20Receipts%20and%20Disbursements.pdf

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