@latimes – Gov.Jerry Brown Reaches Deal on State Budget – @AceFinanceNews

#AceFinanceNews – CALIFORNIA:June.16: California Gov. Jerry Brown and top Democratic lawmakers have reached a deal on the state budget, two sources in the Capitol said today.

The agreement would modify the $117.5-billion spending plan approved by the Legislature on Monday.

The final deal must still be approved by the Legislature and signed by the governor before it can take effect on July 1, the start of the new fiscal year.

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