2016 Budget Holds Steady Course -- More Money for Cap-And-Trade Programs

With the state no longer in the dire financial circumstances that it endured several years ago, this year's budget process was, by some measures, less tense than it has been in years past. Presented in January, revised in May, and approved June 15, the budget totals approximately $123 billion, including about $5 billion from reserve funds. The details are being negotiated in a series of trailer bills that are pending.