By JIM MILLER / Sacramento Bee
Amid deep uncertainty about changes in state revenue and Washington, California Gov. Jerry Brown presented a $177.1 billion state budget Tuesday that assumes the state will have billions of dollars less to spend over the next 18 months compared to what lawmakers projected when they passed the budget last June.
The proposal, taking a more pessimistic view of state tax collections than the Legislature’s nonpartisan fiscal analyst, reflects almost $6 billion in less revenue across three budget years, ending in June 2018. That would leave the state with a $2 billion deficit without changes.
“We’re in very uncertain times. We’re very subject to a lot of unpredictability,” Brown said. Read more