Sacramento, CA – Today, Governor Jerry Brown announced his proposed May Revision Fiscal Year 2017-18 Budget. Revenues in Brown’s May Revision are up $2.5 billion dollars while the Rainy Day Fund grows to $8.5 billion. Assemblymember Chris Holden released the following statement:
“I applaud Governor Brown for restoring the one million in funds for the Pasadena Playhouse renovation projects that were cut in January’s budget proposal. Since that time, I worked directly with the Pasadena Playhouse and the Governor’s office to secure the original funding amount. Thankfully our work led to the Playhouse receiving $413,000 earlier this month to pay off the money already spent. I’m proud to support the Playhouse, the official State Theater of California, as it celebrates its 100th Anniversary.
The Governor’s May revision is the next building block in finalizing the budget process. I look forward to working with my colleagues in the legislature and the governor to reach an agreement that is not only once again responsible, balanced, and on-time, but also a budget that protects California’s progressive gains and persists in meeting the challenges we face.”