January 6 | Cabinet Report

By Kimberly Beltran

(Calif.) Public schools got a glimpse into their ever-brightening financial futures on Monday when Gov. Jerry Brown, in his inaugural speech, announced they will receive $65.7 billion next year.

That’s a $5 billion increase over 2014-15, and, said the governor, a 39 percent increase over four years.

“After years of underfunding and even borrowing from our local schools, the state now has significantly increased its financial support for education,” the 76-year old Brown said in an address to the Legislature following his fourth gubernatorial inauguration.

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