$31 B Budget Surplus Plan. Retail Organized Crime.

What is happening? California anticipates an $31 billion annual budget surplus. Proposals include funding for retail organized crime, paying down pension debt, stopping prison hazing, dyslexia education resources, early childhood education, infrastructure, and building up the social safety net.

Why is this important? Last year’s budget included COVID relief and stimulus checks to Californians.

How will this be important? As economic indicators remain positive, there will be more state budget surpluses.

Sacramento Bee via Governing | How Will California Spend Its $31 Billion Budget Surplus?