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Los Angeles colleges resume $6-billion campus building projects

The L.A. Community College District had imposed a moratorium to examine whether campuses had sufficient funding to support a planned 60% increase in new facilities, particularly in light of severe state cuts.

 

S&P issues warning on California finances

The ratings agency Standard & Poor's warned on Tuesday that it could downgrade California's financial outlook if lawmakers don't pass a credible budget plan this year.

 

Facebook IPO could give California nearly $2.5 billion in five years

Even with that infusion of money, California's legislative analyst says he thinks state revenue may be billions less than Gov. Brown has forecast. Facebook's eagerly anticipated Wall Street debut could pump nearly $2.5 billion into California coffers over the next five years, the state's top budget analyst said Monday.

 

Recession slows growth in public prekindergarten

The expansion in public prekindergarten programs has slowed and even been reversed in some states as school districts cope with shrinking budgets. As a result, many 3- and 4-year-olds aren't going to preschool....

 

State revenue rises, but not enough to offset cuts

College students clash with administrators over steeply rising tuition. Public employees shut down statehouses amid cuts to pay and retirement benefits. Teachers and social welfare advocates protest budget cuts. Lawmakers struggle to cope with sharp declines in tax revenue.

 

In Riverside, California, a Plan to Charge Inmates

Prison

Pressed by the state to take more prisoners but facing tightening budgets, California counties face hard choices. A one-night stay in this city’s finest hotel costs $190, complete with sumptuous sheets and a gourmet restaurant. Soon, a twin metal bunk at the county jail, with meals served on plastic trays, will run $142.42.

 

State uncovers $320M in tax revenue

Indiana's state government has discovered $320 million in funds it didn't know it had, money that officials stumbled across while enacting statewide belt-tightening measures.

 

State budget crisis may shorten school year by a week

California's economic recovery is so sluggish it will likely force automatic budget cuts that could shave up to a week off the school year, according to a report Wednesday from the legislative analyst's office.

Senh: I'm sure students are hoping this is true.

 

California Closing 70 State Parks to Save Millions

With parks across state needing $1.3B in repairs, Calif. will close 70 parks to save $22M over next couple yearsCalif.

 

Minnesota Governor Signs Spending Plan, Ending Shutdown

Minnesota Governor Signs Spending Plan, Ending Shutdown

After legislators worked all night, Gov. Mark Dayton signed new spending plans, ending the longest shutdown in state history.

 

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