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Budget Plan OK’d by Calif. Governor ‘Fills Rainy Day Fund to the Brim’
Route Fifty: Outside a state office building in downtown Los Angeles on Wednesday, California Gov. Jerry Brown signed his final state budget, a nearly $140 billion plan that “fills the Rainy Day Fund to the brim and sends record funding to California’s classrooms,” according to an announcement from the governor’s office, which notes that the budget fully fills the state’s reserves to “an unprecedented” $13.8 billion.
“When I took office back in 2011 with the state facing a $27 billion deficit, I pledged to work with the Legislature to fix California’s financial mess,” Brown, a Democrat, said in the announcement.
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