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ERIC Number: ED507512
Record Type: Non-Journal
Publication Date: 2009-Sep
Pages: 5
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: N/A
State Budget Update, August 21, 2009. Report 09-21
Woolfork, Kevin
California Postsecondary Education Commission
On July 28, the Governor signed legislation making significant revisions to the 2009-10 state budget. The revised budget allocates $85 billion in State General Fund spending, down from the $92 billion in the budget approved by the Governor and Legislature in February. This budget revision also captures some savings from the just-completed 2008-09 fiscal year. These revisions were necessitated by continuing weakness in the economy resulting in declining state revenues. The revised 2009-10 budget lowers General Funds by $813 million for the University of California and by $718 million for California State University. It reduces Proposition 98 funding for the community colleges by $812 million through a combination of cuts and deferrals, but provides full funding for the Cal Grant student financial aid programs. (Contains 2 tables.)
California Postsecondary Education Commission. 770 L Street Suite 1160, Sacramento, CA 95814. Tel: 916-322-9268; Fax: 916-327-4417; e-mail: Publication_Request@cpec.ca.gov; Web site: http://www.cpec.ca.gov
Publication Type: Reports - Evaluative
Education Level: Elementary Secondary Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: California Postsecondary Education Commission
Identifiers - Location: California