January 10, 2018 / 6:17 PM / a year ago

California proposes a $131.7 bln budget for FY 2018-19

(Recasts with proposed budget numbers)

By Robin Respaut

Jan 10 (Reuters) - California Governor Jerry Brown proposes a $131.7 billion general fund budget for the upcoming fiscal year 2018-19, a 5.0 percent increase from the current fiscal year.

The state’s total budget would be $190.3 billion under Brown’s proposal, a 4 percent increase from the current year, according to the state’s department of finance. (Reporting by Robin Respaut in San Francisco)

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