The state controller reports we have state revenues about $1 billion above forecast levels for the first two months of the new fiscal year.
Obviously, two months does not a year make.
The controller's report is at:
https://www.sco.ca.gov/Files-ARD/CASH/August%202018%20Statement%20of%20General%20Fund%20Cash%20Receipts%20and%20Disbursements.pdf
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