LOS ANGELES — California Gov. Jerry Brown recently signed off on an on-time, balanced $96.3 billion budget, which includes a surplus following years of chronic deficits, but the state is still working on firming up its bond sale calendar.

The latest numbers from May estimate that the state and its agencies will sell around $2.2 billion of new-money general obligation bonds this fall, and about $2.9 billion in spring 2014, for a total of $5.1 billion for the fiscal year, according to Department of Finance spokesman H.D. Palmer.

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