Brown proposes 9 percent hike in California budget from current year

(Reuters) – California Governor Jerry Brown is proposing a $199.3 billion state budget for the upcoming fiscal year 2018-2019, a 9 percent increase from the current fiscal year’s budget and a 5 percent increase from the budget he proposed in January.

The state’s general fund proposed budget was revised to $137.6 billion under the May revision of the budget, a 10 percent increase from this year and a 5 percent increase from the January proposal, according to the state’s department of finance.

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