2023-24 State Budget Webinar Series: May Revise and Spring Charter Leadership Update

Premackeric 400x400
Eric Premack
Executive Director & Founder
Charter School Development Center
Category: CA State Budget
Icons date 24x24 May 18, 2023

Volatile economic conditions, delayed tax filings, persistent inflation, bank runs, and a sagging technology sector are weighing heavily on state revenues after several years of dramatic increases in school funding. While the statutory cost-of-living factor has increased, state revenues are down, and other cost pressures are increasing. More so than ever, this year’s annual May Budget Revision will force the governor and his staff to make difficult estimates with very limited information.