2013-14 Budget Year
September 27, 2013
California’s budget picture has dramatically with the passage of Proposition 30; we now have a balanced budget absent the assumptions, smoke and mirrors of previous budgets. With rising revenue projections, Gov. Brown resisted pressure to increase state spending and stayed true to his priority of increasing K-12 education spending through his Local Control Funding Formula. He agreed to increase community college funding by slowing down the rate of debt repayment which will allow for some restoration of program.
, May Revision May 29, 2013
As in his January budget, Gov. Brown targets significant funds to pay down prior year deferrals to K-12 schools and community colleges — money that will ease district cash flow problems but will not allow for program restoration. Both the Assembly and the Senate have budget bills that differ from the governor’s, all of which will have to be worked out in a conference committee before June 15 if the Legislature is to meet the Prop. 25-imposed deadline for the governor to receive a budget. The Assembly and the Senate call for more spending than the governor, which is potentially good news for schools and colleges — if the governor will sign a budget that spends more.
January 28, 2013
Thanks to passage of Proposition 30 and a slowly recovering economy, the governor is able to propose a budget that does not require additional cuts. Most new funding is dedicated to education as an “investment in California’s future.” For K-12 and community colleges about half of the new funding will address the “wall of debt”—paying down deferred payments that will ease district cash flow issues, but not restore programs. The governor proposes a new funding mechanism for K-12 districts that directs most new dollars to students who are from impoverished families, English learners or foster youth.