Coalition for Adequate School Housing

The Coalition for Adequate School Housing (CASH) was formed in 1978 to promote, develop, and support state and local funding for K-12 construction.

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Legislature & Governor Reach Budget Deal; Update on AB 2429

Posted on June 13, 2016 by CASH

June 3, 2016

By Rebekah Cearley 

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2016-17 Budget

On Thursday, June 9, 2016, the Legislature and Governor announced the framework for a deal on the FY 2016-17 budget. Some details are still being refined, and the deal still must be approved by both houses of the Legislature. We expect the Legislature to take up the budget bill and related trailer bills in time to meet the June 15 constitutional deadline. The deal reflects one of the Governor’s top priorities, placing an extra $2 billion into the state’s Rainy Day Fund. The deal also addresses one of the Legislature’s top priorities by including $400 million for affordable housing, tied to future regulatory reform.

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Posted in Construction, Finance, General, Legislation, State Agency AB 2429, Asm. Thurmond, Budget, Division of State Architect

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