The budget includes record-high reserves of $25.2 billion and record-high education funding of $93.7 billion. Major budget priorities include homelessness programs and a universal transitional kindergarten plan.
“In the wake of a 15-month pandemic that inflicted much pain and suffering on so many households, businesses and more, with this budget, California is building back boldly. This is a good news budget,” Sen. Budget Chair Nancy Skinner (D-Berkeley) said before the vote on the Senate floor.
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