Friday, November 12, 2010

$25 billion deficit – and more cuts for schools | Thoughts on Public Education

$25 billion deficit – and more cuts for schools | Thoughts on Public Education

$25 billion deficit – and more cuts for schools

Prop 98 obligation to drop $2.2 billion next year
By John Fensterwald - Educated Guess

California educators knew that next year would be rough for K-12 schools and community colleges. But not this rough.

The Legislative Analyst’s Office’s eye-popping projection of a $25 billion state budget deficit over the next 18 months doesn’t include $5 billion in cuts that schools already will face next year because of declining state revenues, the end of one-time federal money, and other unreimbursed costs.

Solving the budget deficit will come on top of those cuts. That’s why next year could be the worst yet, even after three years of substantial reductions for schools. The only good news is that the 2011-12 budget should be rock bottom, after which revenues for schools will begin to