May 11, 2017 / 6:53 PM / 3 months ago

California's proposed budget for fiscal 2017-2018 revised higher

(Reuters) - California on Thursday revised it's proposed state budget for fiscal year 2017-18 to $183.4 billion, about 2.2 percent higher than the budget proposed in January.

The revision to the proposed state budget also increased the state's general fund to $124 billion, about 1.2 percent higher than what was in the proposed budget in January.

California's 2017-18 fiscal year starts on July 1, 2017.

Reporting by Robin Respaut; Editing by Paul Simao

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