“Under our current law and policy approach, we estimate the general fund revenue will reach $202 billion in the budget year and result in a surplus of about $31 billion for that budget year,” said Gabriel Petek, legislative analyst of the State of California, referring to LAO’s projections for fiscal year 2022-23.

The post California Moving into Next Budget Year With a $31 Billion Surplus, Analysts Say first appeared on Post News Group.