Brown’s final California budget tashes billions in reserve

Brown’s final California budget tashes billions in reserve

In his 16th and final year as governor, Jerry Brown is using a surplus to stash away billions of dollars in reserves that would help his successor weather a recession while boosting some of his signature programs.

He’s proposed a $190.3 billion spending plan on Wednesday that accelerates funding for his 2013 education law and uses new gas tax revenue to fund $4.6 billion in new transportation projects.

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