Charter Currents

Governor’s May Budget Revision Rudely Funds COLA by Cutting Current-Year Funds

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Eric Premack
Executive Director & Founder
Charter School Development Center
Category: CA State Budget
Icons date 24x24 May 12, 2023

Governor Newsom’s May Revision budget proposal for the upcoming fiscal year would fund increased cost-of-living adjustments despite declining state revenues, but would also impose unexpected, deep cuts to two current-year funding programs.  This brief article outlines CSDC’s preliminary take on the May Revision based on partial information available at the time it was drafted.