Cal and UCLA's finances

By: crunchgodabruinknees

are crap...

Gov. Jerry Brown predicts a $1.6-billion
deficit as he unveils state budget
Los Angeles Times, by John Myers    Original Article
Posted By: PageTurner- 1/10/2017 2:37:56 PM     Post Reply
Less than four years after declaring California’s budget was balanced for the foreseeable future, Gov. Jerry Brown on Tuesday said the state is now projected to run a $1.6-billion deficit by next summer. "The trajectory of revenue growth is declining," Brown told reporters at the state Capitol on Tuesday as he unveiled the state´s budget. The $179.5-billion plan seeks to resolve the budget shortfall by slower-than-expected growth in public school funding by rolling back a series of one-time expenses discussed during last year´s budget negotiations.
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