Monday, December 10, 2018
Apart from the official reserve, the state has unused borrowable cash from all sources over $10 billion ahead of forecast levels.
Whether these development produce extra benefits for UC remains to be seen. But it's hard to be gloomy, even with the stock market's current volatility.
The report is at https://www.sco.ca.gov/Files-ARD/CASH/November%202018%20Statement%20of%20General%20Fund%20Cash%20Receipts%20and%20Disbursements.pdf