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Downtown Fresno to receive $250 million under Newsom’s proposed budget plan

Fresno is poised to accept a major, if not historic infusion of $250 million of state general fund dollars for downtown and the high-speed rail station area, if the state legislature goes along with the Governor’s latest budget plan.

The funds, according to the May Revise budget released Friday morning, are designated for revenue stability in counties with high unemployment and high poverty. The $250 million is set aside for the City of Fresno’s Public Infrastructure Plan in downtown, which includes parking structures, parks, water infrastructure, and plans to improve walkability.