May Revision to Governor’s Proposed 2018-19 Budget
Governor Brown released his “May Revision” to the 2018-19 proposed budget on Friday, May 11, 2018. The Governor and Legislature are expected to agree to a spending plan for 2018-19 before July 1. Despite a healthy surplus, the Governor is avoiding investments in new programs and instead focusing on shoring up reserves to face future shortfalls. He also includes one-time investments that do not commit the state to ongoing funding responsibilities.