Showing posts with label May Revise. Show all posts
Showing posts with label May Revise. Show all posts

Thursday, May 16, 2013

Minimum funding level for schools increased in May revise

Report of the California Budget Project 5/16/2013

  1. Increased Revenues Boost the Minimum Funding Level for Schools
    Approved by voters in 1988, Proposition 98 constitutionally guarantees a minimum level of funding for K-12 schools, community colleges, and the state preschool program. Because changes in state General Fund revenues tend to affect the Proposition 98 guarantee, the Proposition 98 funding levels included in the May Revision reflect changes in 2012-13 and 2013-14 projected revenue compared to January budget estimates. The May Revision assumes a 2012- 13 Proposition 98 funding level of $56.5 billion for K-14 education programs, $2.9 billion more than the level assumed in the Governor’s January proposal. However, the May Revision assumes a 2013-14 Proposition 98 funding level of $55.3 billion, $941.4 million less than the level assumed in the Governor’s January proposal. Specifically, the May Revision:
    •   Increases repayments to schools and community colleges by $758 million by the end of 2013-14 compared to the Governor’s January budget proposal. The May Revision provides an additional $1.8 billion in 2012-13 to partially restore previously deferred payments to schools and community colleges, but decreases 2013-14 repayments by more than $1 billion. At the end of 2013-14, payment deferrals to schools and community colleges – that is, the amount still owed by the state – would be $5.5 billion under the May Revision, compared to $6.3 billion under the Governor’s January budget proposal.
    •   Provides $1 billion in one-time 2012-13 funding to support implementation of the Common Core State Standards (CCSS). In August 2010, the State Board of Education adopted CCSS for California’s K-12 schools. 

Tuesday, May 14, 2013

k-12 Education Budget- The Governor's May Revise


California. The Governor’s May Revise. Education Funding- From Dept. of Finance.
With the passage of Proposition 30, the 2012‐13 and 2013‐14 budgets will reinvest in, rather than cut, education funding. From 2011‐12 through 2016‐17, the Proposition 98 minimum funding guarantee will increase from $47.3 billion to $66.5 billion, an increase of more than $19 billion.
For K‐12 schools, funding levels will increase by $2,754 per student through 2016‐17. As shown in Figure INT‐01, the May Revision increases funding for higher education by between $1,503 and $2,491 per student through 2016‐17.


2011-12
Budget 
Spending per Student 

k-12
Community Colleges
CSU
U.C.
$7,175    
$4,893           
 $5,868
S10, 630




2016-17



K-12



$9,929
$6,396
$7,803
$13,121
Funding increase



$2754
$1,503
 $1935
$2491


Figure INT-01
[Editor’s note.  Actual figures for prior years.  K-12 education.
2007/2008.  $9,158.            2008/ 2009.  $7, 712.]

Budget Increases Funding Per Student
The May Revision provides $1,046 more per K‐12 student in 2013‐14 than was provided in 2011‐12, with an additional $170 dollars per student to support the implementation of the Common Core—new standards for evaluating student achievement in English‐language arts and math. The upcoming Budget also provides the opportunity to correct historical inequities in school district funding. In January, the Governor’s Budget proposed an overhaul of school funding to create a more just allocation of resources and increase local flexibility. The May Revision makes modest modifications to this Local Control Funding Formula to address issues raised over the past few months—the basic approach remains the same. All California school districts can improve under this formula with new ongoing funding based on the number of students served. By committing the most new funding to districts serving English language learners, students from low‐income families, and foster youth, the formula ensures that the students most in need of help have an equal opportunity for a quality education.
Source  http://www.dof.ca.gov/documents/2013-14_May_Revision.pdf

Monday, May 14, 2012

California budget takes from schools to pay for corporate tax evasion


 Budget May Revise.
The proposed California  budget for next year says that income will be  $15.7  billion less than expected. 
California does not have enough money to continue the funding of schools, universities, fire and safety, and social services at their present levels.   The Republican Party has consistently refused to raise taxes.  So, the Republican legislative blocking  has forced the following cuts:
MediCal, child care, Cal Works, Nursing homes, In Home Supportive Services, Cal Grants ( college tuition), and a forced employee pay cuts (5%) – such as a 4 day work week.  These cuts are from the current budget. The May Revision provides level funding for k-12 schools.
 If the tax proposals are not passed in November, there will be an additional $5.6 billion dollars  cut from  K-12 schools.  These are called trigger cuts.  They will be automatic if the initiative is not passed.
These draconian cuts are imposed because the state will not- or can not – deal with corporate tax evasions.  We know of $10 billion in tax evasions from Apple, and there probably is a similar tax evasion by Google, Yahoo, and other internet companies. 
California is  Not Broke , but corporate tax subsidies are destroying our schools.
We suffer from two problems: a huge concentration of income at the very top of the income distribution and a tax system that fails to tax  that concentration.  Our tax system asks those with less to pay more and those with more to pay less.
 
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