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Legislative Analyst’s Office report predicts revenue shortfall of $3.7 billion




The California State Capitol Building in Sacramento, California.
The California State Capitol Building in Sacramento, California.
jerkylicker/Flickr (cc by-nc-nd)

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The Legislative Analyst’s Office issued a report this morning forecasting $2 billion in “trigger” cuts next month mostly borne by K-12 school reductions.

The cuts would come after the state fails to receive $3.7 billion out of an anticipated $4 billion revenue bump. If the Department of Finance forecast, out next month, is similar to the LAO forecast then the state will need to cut K-12 funding by $1.4 billion and the University of California and California State University systems would be cut by $100 million each. Governor Brown and lawmakers have proposed school districts absorb the cuts through shortening the school year; they estimate that reducing the school year by five days would amount to $1.1 billion in savings.

WEIGH IN:

With severe reductions proposed at schools across the state how else should school boards be looking to save money? How do you think cutting school days will affect the quality of education?

Guest:

Dan Walters, political columnist, The Sacramento Bee