Politics: California’s financial situation gets slightly less awful
- $6.6 billion in unexpected money for California source
- » Where’d it come from? Rising wages. The average Californian worker will see a $4,000 uptick in pay over the next two years, resulting in more tax revenue for the fledgling state than was originally projected. If Governor Jerry Brown gets his way, this unexpected surprise will net schools an additional $3 billion in funding and take a significant bite into the state’s $15 billion deficit.