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Public Policy Newsletter Article

California Running Significant Budget Surplus

  • 2021-03-25T15:00:00.000+0000
  • Author: Jimmy Jackson

In the latest figures released by the California Department of Finance, the state is currently tracking to have $14.3 billion surplus compared to when the budget was signed into law in June 2020 and will receive an additional $26B in direct funding from the federal government for pandemic-related spending. The Sacramento Bee story can be found here.