Jan 9, 2015 10:55 AM by News Staff
SACRAMENTO, Calif. (AP) - Gov. Jerry Brown plans to unveil a record $113 billion state spending plan that boosts schools and pays debt, but will reject additional funding for the University of California.
The Democratic governor is scheduled to release a new budget Friday that includes a second annual surplus but strives to contain costs.
According to a government official briefed on the budget who is not authorized to publicly disclose details ahead of the governor's announcement, Brown will deposit $1.2 billion each in to the rainy day fund and debt payment.
The governor is maintaining a $120 million increase that he previously pledged to the UC, setting up a showdown with the UC's Board of Regents led by President Janet Napolitano.
The board approved raising tuition unless the state devotes additional support.
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