The California Stem Cell Report

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The California Stem Cell Report
California Stem Cell Agency: 5 Percent Budget Increase for Coming Fiscal Year

California Stem Cell Agency: 5 Percent Budget Increase for Coming Fiscal Year

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David Jensen
May 23, 2013
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The California Stem Cell Report
California Stem Cell Agency: 5 Percent Budget Increase for Coming Fiscal Year
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Directors of the California stem cell agency today approved a $17.4 million operating budget for the fiscal year beginning July 1, an increase of 5.1 percent over spending for the current year.

As usual, the agency tries to portray its budget as a decrease in spending. Directors were told that it represented a 3 percent decline from the current year. How…

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