=Dwindling revenues are taking a toll on California's community colleges, and state leaders are worried that greater losses could occur under the governor's new budget plan if new money isn't found. Gov. Jerry Brown's proposed budget plan calls for $8 billion in cuts, and twice that amount in new revenues to close the $16 billion deficit, state leaders said Tuesday. For community colleges, full or empty coffers are dependent on three main revenue sources, California Community College Chancellor Jack Scott and Community College League of California CEO Scott Lay said Tuesday. Those revenue sources are Brown's tax measures on the November ballot, revenue from the upcoming Facebook initial public offering and redevelopment agency funds captured from cities and counties, Scott and Lay said.
http://www.thereporter.com/news/ci_20634616/community-colleges-concerned-about-california-budget
