Charter Currents

Charter Currents: Newsom’s May Budget Revision Calls for “Hold Harmless” and Funding Boosts

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Eric Premack
Executive Director & Founder
Charter School Development Center
Category: Finance Nonclassroom-Based Budget and Fiscal Oversight CA State Budget
Icons date 24x24 May 13, 2022

Governor Newsom this morning released summary highlights of his May Revise updates to his 2022-23 state budget, calling for a litany of massive education funding increases, targeting much of the increased education spending for one-time augmentations. The May Revise calls for protecting schools from attendance-related funding losses, but snubs nonclassroom-based charter schools while also calling for massive one-time augmentations to several new and existing initiatives.