Wednesday, November 23, 2011

Legislative Analyst’s Office forecasts another budget cut to UC - NAHEED RAJWANI, Daily Bruin

A $100 million midyear cut to both the University of California and California State University systems is now a strong possibility, based on a revenue forecast released by the nonpartisan California Legislative Analyst’s Office Wednesday. The report, which offers a multi-year outlook on California’s revenue and expenditures, projected that revenue will fall $3.7 billion below expected levels by the end of the fiscal year. Gov. Jerry Brown will consider the report when deciding whether to enact the $100 million “trigger” cut if state funds do not reach expected levels.