June 16, 2014

Last night, the Legislature passed the FY 2014-15 Budget Act and a number of accompanying trailer bills in order to meet the June 15 constitutional deadline. The budget includes $108 billion in General Fund spending and reflects a number of important education policy changes, including an expansion of state-funded preschool and a plan to begin addressing unfunded liabilities in the teacher pension system (CalSTRS). Below is a selection of some of the key education components included in the budget as adopted by the Legislature.