Mayor Lee’s Statement on Governor Brown’s Proposed Balanced Budget for California
Mayor Edwin M. Lee today issued the following statement regarding Governor Edmund G. Brown Jr.’s proposed 2014-15 balanced budget for the State of California:
“I congratulate Governor Brown for his leadership in building a budget proposal that balances long-term fiscal prudence with the need to invest in our State’s education and infrastructure. For years, the State’s budget has been a gloomy reminder of the negative impacts of a serious economic recession that has negatively affected our cities and our residents. But today, as we learn about the $10 billion commitment to education, the large re-investment in High Speed Rail, and the Governor’s commitment to Infrastructure Financing Districts, we are very hopeful about the direction the State is heading.”