Education would be among the hardest-hit sectors if automatic cuts built into the state’s budget are triggered. And that hit was on the minds of local education leaders Tuesday, a day after state Controller John Chiang reported that state tax revenue in September was $300 million less than expected. A projected $1 billion tax deficit would prompt a $100 million budget cut to Cal State University and University of California systems… The automatic cuts to education are among $2.46 billion in so-called “trigger” cuts included in the budget that was signed in June by Gov. Jerry Brown. If tax receipts are more than $1 billion below projections, the budget calls for automatic cuts of about $600 million, including the cuts to the University of California and California State University systems. If revenues are projected to fall short by more than $2 billion, an additional $1.86 billion will be cut, with the bulk of the savings – $1.54 billion – coming from shortening the K-12 school year by a week.

Read full article [here].
by Will Bigham, Redlands Daily Facts.

Posted: October 11th, 2011, by: admin. Categories: . Awaiting Comments.