[ITT-staff] FW: Chancellor's Office's Summary of the Governor's May Revision

Fri May 11 12:30:05 PDT 2018

FYI

Josh Adams
Dean, Business and Professional Studies
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From: Institutional Effectiveness <IEPI at LISTSERV.CCCNEXT.NET> On Behalf Of Tena, Theresa
Sent: Friday, May 11, 2018 11:50
To: IEPI at LISTSERV.CCCNEXT.NET
Subject: [IEPI] FW: Chancellor's Office's Summary of the Governor's May Revision

Hello Colleagues

Attached and below is a message from Vice Chancellor for College Finance and Facilities Planning, Christian Osmena regarding the 2018-19 Governor's Proposed May Revise released this morning.

The May Revise updates the entire Governor's proposed state budget released on January 10th.   The release of the May Revise will trigger Assembly and Senate budget hearings, legislative conference committee which should conclude by June 15th when the state constitution directs the Legislature submit a balanced state budget to the Governor for action.  The process will be a sprint between now and when the Governor ultimately signs a state budget by July 1st, 2018.

The Chancellor's Office will share more budget updates as the process unfolds over the next few weeks.

Theresa D. Tena
Executive Vice Chancellor Institutional Effectiveness and Innovation
CCC Chancellor's Office
1102 Q Street
Sacramento CA  95811
Office phone 916 327-5887
Cell phone 916 846-3826

From: ceo-all On Behalf Of Osmena, Christian
Sent: Friday, May 11, 2018 10:24 AM
To: ceo-all <ceo-all at listserv.cccco.edu<mailto:ceo-all at listserv.cccco.edu>>
Subject: Chancellor's Office's Summary of the Governor's May Revision

Colleagues,

This morning, Governor Brown released his May Revision of the 2018-19 budget.  The Department of Finance budget summary is available here: http://www.ebudget.ca.gov/FullBudgetSummary.pdf.  Our office's initial summary of the impacts on the California Community Colleges is available here: https://linkprotect.cudasvc.com/url?a=http%3a%2f%2fextranet.cccco.edu%2fPortals%2f1%2fCFFP%2fFiscal%2fBudget+News%2f2018-19%2f2018-05-11+-+VC+Letter+on+2018-19+May+Revision.pdf.&c=E,1,0tGRshmAGkqUAafErDwqNvBN0VsZxPV5ChnM44A0_huslqsiuHodIIUpJzCigursrnE3dbcu2SahXcIbSsy755-5tYn3sh7dPyp8I94JSmyx3sK-YPFTWg1MHg,,&typo=1

I look forward to working with you all over the next month as the Governor and the Legislature work to enact a final budget.

Best,

Christian

Christian Osmeña
Vice Chancellor for College Finance and Facilities Planning
California Community Colleges Chancellor's Office
(916) 324-9508
cosmena at cccco.edu<mailto:cosmena at cccco.edu>

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