CALIFORNIA COMMUNITY COLLEGES FACE FURTHER BUDGET CUTS IN MID-YEAR REDUCTION PLAN
SACRAMENTO - The California Community Colleges are facing a serious financial crisis after today's release of the proposed mid-year budget cuts by Governor Gray Davis. The Administration is proposing a $215 million reduction for the 108 community colleges. The total amount is comprised of three segments:
·-- A $97.5 million cut for the community colleges' total budget in the current year, a 3.66% across-the-board cut for all programs.
·-- A predicted $38 million shortfall in local property taxes, which would not be offset by state funds and therefore result in a $38 million reduction in current-year funding.
·-- An $80 million reduction in apportionments related to concurrent enrollments of K-12 students who are also taking courses at community colleges...read full article here