SACRAMENTO, CA - Gov. Jerry Brown laid out his 2015-2016budget proposal for California for 2015-2016 today.
According to the governor's office, the budget invests in water, flood protection and combating climate change.
It proposes $1 billion in cap-and-trade expenditures for investments in low-carbon transportation, urban forests and high-speed rail.
Under the budget, the state's rainy day fund will have a total balance of $2.8 billion by the end of the year.
It increases k-12 school spending by $2,600 per student compared to 2011-12.
And also commits millions to state university systems, contingent on tuition remaining flat.
The governor's office also notes that the expansion of medi-cal health care coveragedue to the implementation of federal health care reform, increased the number of Californians medical serves from 7.9 million to an estimated 12.2 million, presenting an administrative and financial challenge.