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Thursday, May 10, 2018

More Cash

The latest report from the state controller, on the eve of the governor's May Revise budget proposal, has revenue through April exceeding the projections made for his January budget by $3.8 billion. Compared to last June, when the current budget was enacted, the excess is $4.7 billion.

So UC has some hope of an added appropriation by the time we get to the enactment of the budget in June. On verra.

The controller's statement is at:
https://www.sco.ca.gov/Files-ARD/CASH/April%202018%20Statement%20of%20General%20Fund%20Cash%20Receipts%20and%20Disbursements.pdf

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