Major Features of the California Budget
July 2009 Budget Package
July 29, 2009
On July 24, 2009, the Legislature passed amendments to the 2009-10 Budget Bill, along with implementing legislation.
On July 28, 2009, the Governor signed the budget package, while vetoing $489 million in General Fund appropriations. The budget package projects $89.5 billion of revenues and transfers to the General Fund, and authorizes total General
Fund spending of $84.6 billion. The plan leaves the General Fund with an estimated reserve of $500 million at the end
of the 2009-10 fiscal year. This publication summarizes the actions taken by the Legislature and Governor.