The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - With an estimated surplus of $6  b illion and a proposed reserve level of nearly $ 21  b illion, the state is still enjoying a stable and healthy fiscal situation. Despite this positive near ‑term picture, the multiyear outlook is subject to considerable uncertainty.
https://lao.ca.gov/Publications/Report/4135