05/18/2024

How Much is California Really Spending?

It’s time again for some more fun with numbers – big numbers.

They’re the numbers associated with the 2015-16 state budget, which the Legislature and Gov. Jerry Brown enacted last month.

There may be some public confusion over its dimensions. Some news media reported the total as $115.4 billion, others as $167.6 billion.

Both are correct as far as they go. The state’s general fund budget is $115.4 billion, but the second number, $167.6 billion, includes $45.7 billion in special fund spending (such as highway construction and maintenance, financed largely from gas taxes) and another $6.5 billion in bond funds.

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