On June 14, the California Legislature approved the 2018-19 Budget Act with over $200 billion in spending and $17.1 billion in reserves.
The budget process is in its final weeks and details are evolving. Over the next couple of weeks, it will be critical for community colleges to advocate with a unified voice as we respond to a complex budget that presents many opportunities.
This morning, Governor Brown released the final May Revision of his tenure. In doing so, he emphasized his higher education priorities, including two signature proposals - a new fully online community college focused on innovations in online learning and a new student-focused funding formula – both of which maintained prominent investments in the 2018-19 May Revision.
This year, various budget and legislative proposals have been introduced that would increase the amount of financial aid available for community college students.
This month the League’s Legislative Webinar discussed the 2017 Tax Cuts & Jobs Act and the implementation of new laws that affect facilities financing for California Community College districts. Guest presenters included:
On Wednesday, January 10, 2018, Governor Brown released his 2018-19 state budget proposal – a cautious approach to spending that acknowledges both federal and state economic volatility and uncertainty.
On Tuesday, June 27th, Governor Brown signed a budget agreement that invests $270.2 million over the 2016 Budget Act level in community colleges.
On June 8th, the Assembly and Senate met as part of the Budget Conference Committee. A compromise was reached on the differences between the Assembly and Senate versions of the budget bill and each chamber is expected to on the final version next week.