(LONG BEACH) – Assemblymember Patrick O’Donnell (D-Long Beach) issued the following statement today in response to the Governor’s proposed budget for the coming year.
“The Governor’s proposal offers an excellent foundation for the Legislature to once again deliver a budget that balances fiscal prudence with thoughtful investments in California’s future. This includes increasing the state’s Rainy Day Fund to $8 billion while paying down our debts and liabilities. The proposal also provides $2.8 billion in new funding for K-12 education, representing a boost of nearly $3,600 in per-pupil spending over 2011-12 levels. These increases are possible as a direct result of the measured budgeting policies in recent years that emphasize the need to live within our means.