If Gov. Jerry Brown’s Proposition 30 passes — and receives more votes than wealthy attorney Molly Munger’s Prop. 38 — K-12 schools and community colleges will be spared $5.4 billion in budget cuts. Plus, the two university systems won’t be dinged $250 million each. If, however, voters reject Prop. 30 on Nov. 6, those education cuts automatically will be triggered by the current state budget that was enacted in June by the governor and Legislature. In the unlikely event that Munger’s measure passes and prevails over Brown’s, the cuts still will be triggered. Her income tax increases — $10 billion annually — wouldn’t kick in soon enough to save the schools this academic year.

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by George Skelton, The Los Angeles Times.

Posted: October 14th, 2012, by: admin. Categories: . Awaiting Comments.