May 2012 Volume 25 No. 10 Bills at a Glance—May 25, 2012 By the Way . . . CSU Chancellor Announces Retirement Random Signature Sample Now Underway for Competing Tax Measures Governor Signs Bill that Changes Intrayear Cash Deferrals Community College Financial Projection Dartboard—2012-13 May Revision Version Reduced May Revision Deferral Buy Down Progress Report on SB 1440 By the Way . . . Credit Ratings Agencies Take “Wait and See” Approach to May Revision By the Way . . . CalPERS Confirms 2012-13 Employer Rate An Overview of the 2012-13 Governor’s May Revision Governor Details Proposal to Address $16 Billion Deficit Governor Indicates that State Budget Deficit has Ballooned to $16 Billion
May 2012 Volume 25 No. 9 Bills at a Glance—May 11, 2012 PPIC Reports on Effects of State Budget Cuts on Higher Education Enrollment Perception is Reality—Or is it? CalPERS Employer Contribution Rate for 2012-13 By the Way . . . State Controller’s April Cash Report Shows Year-to-Date Receipts Down $3.5 Billion Update on Search for System Chancellor Ask SSC . . . Is the CalSTRS Payment of Medicare Part A Ending? Board of Governors Begin Regulatory Process to Limit Repeat Enrollment CalSTRS Postretirement Earnings Are Unchanged, but Exemptions Are at Risk Middle Class Scholarship Program" Passes First Committee" Tracking State Revenues Against the Original Estimate Competing Initiative Campaigns to Wrap Up Signature Collection Drives By the Way . . . New Process for Submitting School Facility Project Change Orders April Income Tax Revenues Short Almost $2.0 Billion 2012-13 Statutory COLA Estimate to be 3.243% Governor’s Mandate Reform Proposal Faces Big Hurdles Are Temporary Taxes the Solution to the Education Funding Crisis?—An SSC Editorial
April 2012 Volume 25 No. 8 Bills at a Glance—April 27, 2012 Pension Reform Bills Sent for Further Study Budget Subcommittee Rejects Some Budget Proposals, Leaves Others for the May Revision April Revenues Are Coming in Short By the Way . . . State Controller John Chiang Responds to Legislator Pay Ruling Judge Denies State Controller Authority to Determine if the Legislature Passes a “Real” Budget Pursuant to Proposition 25 By the Way . . . CalPERS Board Adopts Staff Recommendation to Phase in Actuarial Assumption Changes 21st Century Report on Community Colleges Just Released Community College Bills Receive First Hearings Administration Rolls out Perkins Reauthorization Blueprint Department of Finance Report Highlights Need for Strong Revenues in April Latest CalSTRS Valuation a Mixed Bag Outlook for CalPERS Contribution Rates November Tax Initiatives Presented at CASBO