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Less money for state-funded maintenance after property taxes lag
Less money for state-funded maintenance after property taxes lag

California's public universities, state parks and other institutions will get less money to pay for overdue maintenance than they hoped, according to Gov. Jerry Brown's administration. The new budget, which took effect July 1, would have set aside more funds for upkeep if property tax revenue outpaced expectations. Instead, the revenue fell short by $72.6 million in the fiscal year that ended last month. Up to $200 million could have been spent on maintenance, including $50 million each for the University of California and California State University, if property tax revenue had been stronger. Assembly Speaker Toni Atkins (D-San Diego) issued a statement saying she was...

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