Billions Ahead

The state controller is reporting that in the current fiscal year through March, the state revenues are running about $3 billion ahead of the forecast made by the governor last January and over $5 billion ahead of the forecast made when the current budget was adopted last June.

See https://www.sco.ca.gov/Files-ARD/CASH/March%202018%20Statement%20of%20General%20Fund%20Cash%20Receipts%20and%20Disbursements.pdf