Over the next four years, California's general fund budget is projected to grow from $88.8 billion to $112.5 billion, but that additional money - which will raise the general fund to its highest level in history - will not restore recent cuts to parks, health care and social services.
Instead, more than half will be automatically spent on K-12 schools and community colleges because of voter-approved Proposition 98, while most of the remaining increase will cover rising costs of health care, prisons and the costs of debt and borrowing.
Tuesday, May 24, 2011
California budget expected to soar in next 4 years
The San Francisco Chronicle reports: