By Walt Rubel, KRWG
Jan. 3, 2024

Like the salaries paid by the Los Angeles Dodgers for Japanese imports, the revenue numbers for the state are getting to be so big that it’s hard to wrap your head around them.

The latest estimate projects that the state will collect just under $12 billion in Fiscal Year 2024, which runs through June. That’s up by $2.3 billion from the past fiscal year and by $3.9 billion from two years ago.

All of which means that legislators will have just under $3.6 billion in so-called “new money,” this year, beyond the $9.7 billion included in last year’s budget.

Read more at KRWG