Banners 728 Top



State budget balanced

(State Legislature meets the deadline)…It was a last minute agreement, however.

The legislature held a special Sunday session to approve a balanced budget for the state. The 2014-15 fiscal year budget appropriates $156.4 billion, with $108 billion of General fund expenditures. The Governor has said he plans to sign the spending plan, which remains balanced through the 5 year forecast period of 2019. The new budget includes infrastructure spending, an increase in funding to local libraries and literacy programs, increased funding for Multifamily Housing programs, it allows over-time pay for IHSS workers and it provides $2 million to help the City of Calexico construct a new public swimming pool complex. The old one was destroyed by the 2010 earthquake.