{"content":[{"text":"OFFICE OF THE CHANCELLOR","bbox":{"left":0.088276,"top":0.090641,"width":0.323387,"height":0.023581000000000005}},{"text":"May 14, 2021","bbox":{"left":0.088276,"top":0.142235,"width":0.11909800000000001,"height":0.020818000000000003}},{"text":"Dear LACCD Colleagues,","bbox":{"left":0.088276,"top":0.174116,"width":0.22380399999999998,"height":0.020818000000000003}},{"text":"I hope that this message finds you and your families healthy and safe.","bbox":{"left":0.088276,"top":0.205997,"width":0.606,"height":0.020818000000000003}},{"text":"Earlier today, Governor Gavin Newsom released his State Budget May Revision proposal for \n next year’s State Budget, which officially begins on July 1, 2021. What a difference a year \n makes. Exactly one year ago today, I sent a message on the Administration’s May 2020 \n Revision that depicted a bleak outlook of a $54 billion State Budget shortfall that would require \n us to prepare for the rough economic times ahead. Despite what appears to be California’s \n record economic recovery, and much is still unknown, here’s what I can share with you today.","bbox":{"left":0.088276,"top":0.237917,"width":0.8162929999999999,"height":0.11516700000000002}},{"text":"STATE BUDGET MAY REVISION \n The May Revision summary may be downloaded here.","bbox":{"left":0.088276,"top":0.365543,"width":0.47461,"height":0.039997000000000005}},{"text":"This year, the Administration is projecting a budget surplus of over $70 billion. The State \n Budget this year will hit its spending limit which, by law, requires a tax refund and requires \n more funding to go to Proposition 98, our major source of revenue for K12 schools and \n community colleges. The prudent approach the Administration is taking includes avoiding \n future unfunded liabilities, so many of the Governor’s proposals focus on one-time spending.","bbox":{"left":0.088276,"top":0.416288,"width":0.8009789999999999,"height":0.09754799999999997}},{"text":"For California Community Colleges, the Governor’s May Revision includes close to $400 \n million in new ongoing funding and over $1 billion in one-time funds for programs and \n initiatives, which enable California Community Colleges to support the post-pandemic \n recovery. Proposition 98 is slated to receive approximately $17.7 billion in additional funding, \n with about $3.6 billion going to community colleges.","bbox":{"left":0.088276,"top":0.527471,"width":0.802215,"height":0.09498799999999996}},{"text":"Here are some additional highlights from the May Revision that align with our District’s \n priorities and interests:","bbox":{"left":0.088276,"top":0.633207,"width":0.7472799999999999,"height":0.04009800000000008}},{"text":"Apportionments","bbox":{"left":0.088276,"top":0.684444,"width":0.150922,"height":0.020863999999999994}},{"text":"• \n • \n •","bbox":{"left":0.117688,"top":0.718265,"width":0.009019000000000013,"height":0.05867499999999992}},{"text":"$326.5 million one-time to eliminate all of the community college deferrals \n 4.05% COLA or $185.4 million ongoing increase \n $75 million to one-time for expansion of dual enrollment programs with high schools","bbox":{"left":0.1471,"top":0.71721,"width":0.72574,"height":0.06093099999999996}},{"text":"Broadband Access","bbox":{"left":0.088276,"top":0.78928,"width":0.177843,"height":0.020863999999999994}},{"text":"•","bbox":{"left":0.117688,"top":0.823088,"width":0.009019000000000013,"height":0.018561999999999967}},{"text":"$7 billion investment over three years (various Federal and state sources) to expand \n broadband infrastructure, increase affordability, and enhance access to broadband for \n all Californians","bbox":{"left":0.1471,"top":0.822033,"width":0.7446659999999999,"height":0.05935899999999994}},{"text":"Deferred Maintenance","bbox":{"left":0.088276,"top":0.892532,"width":0.204804,"height":0.020863999999999994}},{"text":"1","bbox":{"left":0.901111,"top":0.952462,"width":0.010901999999999967,"height":0.020818000000000003}}],"images_bbox":[],"images_bbox_not_text_overlap":[]}