California Governor’s budget summary 2014-15
The governor’s proposed budget would increase state spending on schools, healthcare and welfare for poor Californians. Brown also proposes stashing $1.6 billion in a rainy day fund as a buffer against future economic turmoil. His budget proposal includes nearly $10 billion more than anticipated for schools and community colleges. The spending priorities reflect California’s financial turnaround after years of spending cuts. A copy of the budget proposal was obtained by the Los Angeles Times.