Gov. Jerry Brown on Thursday proposed a $97.6 billion general fund for the 2013-14 fiscal year, $6.3 billion more than the current year. The additional revenue will help him pour more money into public schools and universities.
The revenue has wiped away a budget deficit that stood at $25 billion when Brown took office two years ago and has created a slight surplus.
``California today is poised to achieve something that has eluded us for more than a decade _ a budget that lives within its means, now and for many years to come,'' Brown said during a news conference at the Capitol.
His budget includes a surplus of $850 million.
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