SACRAMENTO, Calif. /California Newswire/ — Keeping the state on a path to long-term fiscal stability, Calif. Governor Edmund G. Brown Jr. today proposed a $131.7 billion General Fund budget plan for 2018-19 that fills the state’s Rainy Day Fund to its constitutional target, fully implements the state’s K-12 school funding formula two years ahead of schedule and provides $4.6 billion for the first year of a 10-year transportation improvement plan.
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