July 26, 2021 #1 Local News, Forum, Information and Event Source for Venice Beach, California.

State Spending Plan Renews Education and Social Service Funds

From SCPR – AP:

Gov. Jerry Brown signed a state spending plan for the coming fiscal year Thursday that makes budget-busting deficits a distant memory, funnels billions of additional dollars to K-12 schools and begins restoring social service programs that were cut during the recession.

Venice Beach Ruler

The budget also expands Medicaid to an additional 1.4 million low-income Californians, adopting an optional provision of the federal Affordable Care Act.

“This is a momentous occasion, because we have a balanced budget not proposed but actually actualized, the first time in probably a decade or more,” the governor said moments before signing the spending plan for the fiscal year that starts on Monday.

It includes a $96.3 billion general fund, the state’s main account for paying ongoing expenses. The size of the general fund and a reserve account of $1.1 billion reflect the continuing recovering of California’s economy and $6 billion in voter-approved taxes.

Declining tax revenue during the recession had cut the general fund to as low as $87 billion just two years ago, requiring lawmakers to make deep spending cuts.

The Democratic governor declared it “a big day” for public school students and those who have no health insurance or inadequate coverage.

Click here to continue reading the complete article at SPCR!

Related Posts

Umami Burger Coming to Venice

July 22, 2021

July 22, 2021

Popular burger restaurant moving into former Komodo space on Main Street By Kerry Slater Umami Burger is coming to Venice...

Bonin’s Encampment to Home Moves 131 Homeless Into Housing: YO! Venice Show – July 19, 2021

July 19, 2021

July 19, 2021

Local news and culture in under 5 minutes. * Bonin’s Encampment to Home Moves 131 Homeless Into Housing * LAFD...

Petition for Recall of Councilmember Bonin Approved for Circulation

July 13, 2021

July 13, 2021

Signature gathering phase now set to begin after Tuesday approval by City Clerk  By Sam Catanzaro The Los Angeles City...

Deadline Extended For Unhoused To Move Belongings Off Boardwalk: YO! Venice Show – July 12, 2021

July 12, 2021

July 12, 2021

Local news and culture in under 5 minutes. * Deadline Extended For Unhoused To Move Belongings Off Boardwalk * Pedestrian...

Hyperion Spill Discharges 17 Million Gallons of Raw Sewage Into Santa Monica Bay

July 12, 2021

July 12, 2021

Sunday night spillage occurs 1-mile offshore from Hyperion Water Reclamation Plant By Sam Catanzaro 17 million gallons of raw sewage...

IPO Cosmetics Launches The World’s First 4Step Facial Kit

July 10, 2021

July 10, 2021

It’s Perfect On Introduces a New, Convenient, Portable and Eco-Friendly Skincare Option By Staff Writer What if you could get...

Marina Drive-In Movie Summer Series Underway

July 9, 2021

July 9, 2021

Gather with your family and friends to watch movies by the sea in Marina del Rey. Marina Drive-In Movie Nights,...

Venice Car-to-Car Shooting Leaves 18-Year-Old Dead

July 6, 2021

July 6, 2021

LAPD investigating Monday incident By Sam Catanzaro Police are searching for a driver wanted in connection to a car-to-car shooting...

Marina del Rey Man Sentenced to Over 4 Years in Prison for $3.3 Million Ponzi

July 1, 2021

July 1, 2021

An accountant was sentenced today to 51 months in federal prison for running a four-year, $3.3 million Ponzi scheme that...

LA City Council Votes To Stop Citing Unlicensed Street Vendors

July 1, 2021

July 1, 2021

Vote will allow hundreds of business owners to serve food without fear of confiscation By Toi Creel  On Tuesday, June...

Making cents of it all—a local practice’s approach to personalized financial planning in a pandemic

July 1, 2021

July 1, 2021

Financial advisors deliver personalized financial advice to help you achieve your goals, today and tomorrow. But what happens when traditional...

Brisket Pizza Collab Coming to Venice July 4th

July 1, 2021

July 1, 2021

Moo’s Craft BBQ and Speak Cheezy popping up at Deus Ex Machina July 4th By Kerry Slater Two restaurants are...