California proposes a $131.7 billion price range for fiscal yr 2018-19

(Reuters) – California Governor Jerry Brown proposes a $131.7 billion general fund budget for the upcoming fiscal year 2018-19, a 5.0 percent increase from the current fiscal year.

The state’s total budget would be $190.3 billion under Brown’s proposal, a 4 percent increase from the current year, according to the state’s department of finance.

Reporting by Robin Respaut in San Francisco

Our Standards:The Thomson Reuters Trust Principles.

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