August 2009 Volume 22 No. 17 By the Way . . . PERS Sues Over Furloughs Additional Deferrals Proposed Standard & Poor’s Removes California from CreditWatch Pension Reform to Be Debated By the Way . . . PMIB Approves Loan Renewals, But Continues Freeze Steinberg Sues Governor and Controller over Budget Vetoes July Revenues on Target, But . . . SSC’s Financial Projection Dartboard—ABX4 1 Budget Version Workers’ Compensation Rate Increase Recommended By the Way . . . State IOUs to End on September 4 Ask SSC . . . Does the Sale of Surplus Property Also Apply to Community College Districts?
August 2009 Volume 22 No. 16 Cost-Cutting Measures: Early Retirement Incentives and Furlough Days House Committee Amends the American Graduation Initiative By the Way . . . Change in Law will Permit PERS Health Premium Holiday Governor Plans to Call Another Special Session Ask SSC . . . Are Vendor Contract Provisions Negotiable? Ask SSC . . . Has the State’s Budget Problem Finally Been Solved? Governor Wields Blue Pencil to Increase State Reserve Level Ask SSC . . . What Happened to the PE and CTE Funding for Community Colleges? Education Trailer Bills Emerge At Last Legislature Approves Budget Package
July 2009 Volume 22 No. 15 By the Way . . . California State Teachers' Retirement System Estimates Loss CSU Decisions Will Impact Prospective Transfer Students Senate Passes Budget Package—Assembly Still in Session Study on Public Postsecondary Productivity is Released It is Not Yet Time to Eat the Seed Corn—An Editorial The IRS Supports Repeal of Cell Phone Reporting Rules Job Losses Continue, But the Pace of the Falloff Slows Ask SSC . . . Could You Clarify What Additional Cuts K-14 Will Need to Make? Survey of Registered Nurses Released By the Way . . . The California Public Employees’ Retirement System (CalPERS) Acknowledges Major Investment Losses President Announces Community College Initiative Agreement Reached on State Budget There Is More to the IOUs Than Meets the Eye State Revenues Fall Short of May Revision Projection Ask SSC . . . Does the Governor’s Pension Reform Proposal Impact K-14 Education Employees? By the Way . . . State Controller Releases His Monthly Report Detailing California’s Cash Balance for the Complete 2008-09 Fiscal Year