By Katy Murphy

As Gov. Gavin Newsom today prepares to reveal his latest budget proposal for a state flush with cash, lawmakers and interest groups are watching closely to see how the governor proposes to spend — or save — what appears to be an unprecedented windfall.

At hand is an update of the blueprint the governor unveiled in January: a $209 billion budget that included a general fund of $144 billion and a record-high surplus of $21.5 billion. It offered more money for schools, child care, affordable housing, wildfire prevention and the expansion of Medi-Cal availability to young undocumented adults, while shoring up budget reserves and paying down some of the state’s sizable pension debt.

Source: Gavin Newsom releases revised budget proposal today with huge surplus – The Reporter