Midyear "trigger cuts" likely for California schools

Katy Murphy:

The news today out of the nonpartisan Legislative Analyst's Office was not good for public education in California: The LAO has forecasted that state tax revenues will fall $3.7 billion short of the level on which the June budget deal was based.

About $1.4 billion in automatic, mid-year cuts to k-12 schools and community colleges will be triggered if the shortfall is $2 billion or greater. Steve Harmon, our Capitol reporter, lays it out here.

The final word on the trigger cuts comes on December 15, when the Department of Finance issues its predictions. The rosier of the two projections prevails.

Posted by Jim Zellmer at November 20, 2011 3:56 AM
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