A major component of the governor’s proposed 2012-13 budget is the assumption that community colleges will receive $341 million in 2012-13 in redirected redevelopment revenues. This is on top of $116 million estimated for 2011-12.
While community colleges will eventually receive revenue from the wind-down of redevelopment agencies, independent observers believe the amounts projected in the budget are far too high. Join us in calling for a “hold harmless” provision to ensure community colleges do not take an unexpected midyear cut.
