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$15 Billion Surplus Projected for California’s 2019-20 Budget

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  SACRAMENTO – Today, the non-partisan Legislative Analyst’s Office (LAO) released its fiscal forecast for the 2019-20 budget year which predicts that California will have a significant surplus of $15 billion by June 30, 2020. Senate Republican Leader Patricia Bates (R-Laguna Niguel) and Vice Chair of the Senate Budget & Fiscal Review Committee, Senator Jim Nielsen (R-Tehama), issued the following […]

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