Yesterday, both houses of the Legislature approved the state’s 2018-19 State Budget and a handful of budget trailer bills that assist in implementing the State Budget Package. It should be noted that the State Budget Package remains incomplete – there are a number of remaining budget trailer bills awaiting action, including measures pertaining to Cap-and-Trade allocations and to address Disaster Response Emergency Operations. Over the next several days and weeks, further items will be considered and adopted.
The $200 billion state spending plan includes $139 billion in General Fund expenditures, $57.1 billion in special fund expenditures, and $3.9 billion in bond expenditures. Read More…