Kathy HartNovember 13, 2012
1
Teresa Brown, re-elected Steve Castellanos, re-elected C. Jennet Stebbins, re-elected Undecided: E. Blanchard vs C. Moreno
Voters displayed confidence in current board; results provide consistency and knowledge of recent history.
2
Brice Harris email Concern: $210 million in “additional funding
this year.” We can serve an “additional 20,000 students.” (50 million = 153 FTES)
“. . . Adding classes so that no one who can benefit from higher education in California finds the door closed.”
CCCCO “Key Facts”—same story Our 13-14 Budget Analysis doesn’t bear
these points out.
3
May be Democratic “Supermajority” which could mean talk and action on taxes, e.g., reduce the % needed to pass parcel taxes or implementing other taxes
California’s economy remains volatile
4
“fiscal cliff”—a series of changes in policy that will decrease spending and increase taxes
“sequestration” (January 2)—automatic, across-the-board spending reductions—all nonexempt, domestic discretionary programs will be reduced in the current fiscal year (12-13)by 8.2%--a double cut with half the year over.
Pell is exempt in year 1, but others are not—WIA, Perkins, TRIO, Title III-A, HSI’s, C6, etc.
5
Expiring tax provisions. We need to ask legislators to support American Opportunity Tax Credit (AOTC)—tax benefits to CC students.
Critical student eligibility issues: 1. restore Ability to Benefit student aid for
students in career pathway. 2. fight elimination of student aid room and
board eligibility for 100% distance education students.
6
2-year default rate for Stafford loans was up over 3%.
3-year default rate, the basis for institutional sanctions, was up to 18.3%--nearly one in five borrowers.
7
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