Friday, May 18, 2012

Gov. Brown Says Californians Should Expect Deep Cuts - City News Service

Gov. Jerry Brown proposed steep cuts across a variety of programs today to close a nearly $16 billion state budget deficit, but Los Angeles Unified School District and university officials said the impact on their budgets will remain unknown until November, when voters weigh in on proposed tax hikes. Funding for schools and the state's two major university systems will remain in question, however, until the November election, when Brown asks voters to approve a bump in the state's 7.25 percent sales tax rate to 7.5 percent, and to increase the income tax rate on people earning more than $250,000 a year. If the proposals fail, another $6 billion in cuts will take effect Jan. 1 -- much of them impacting education.

http://marinadelrey.patch.com/articles/gov-brown-says-californians-should-expect-deep-cuts-5c54a668