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<p class="MsoNormal"><span style="color:#1F497D">FYI<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p>&nbsp;</o:p></span></p>
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<p class="MsoNormal"><b><span style="color:#1F497D">Josh Adams<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="color:#1F497D">Dean, Business and Professional Studies<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt;color:#1F497D">1501 Mendocino Ave | Santa Rosa, CA | 95401</span><span style="color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:#1F497D">tel (707) 524-1731<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="color:#1F497D"><o:p>&nbsp;</o:p></span></p>
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<p class="MsoNormal"><b>From:</b> Institutional Effectiveness &lt;IEPI@LISTSERV.CCCNEXT.NET&gt;
<b>On Behalf Of </b>Tena, Theresa<br>
<b>Sent:</b> Friday, May 11, 2018 11:50<br>
<b>To:</b> IEPI@LISTSERV.CCCNEXT.NET<br>
<b>Subject:</b> [IEPI] FW: Chancellor's Office's Summary of the Governor's May Revision<o:p></o:p></p>
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<p class="MsoNormal"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal"><span style="color:#1F497D">Hello Colleagues<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Attached and below is a message from Vice Chancellor for College Finance and Facilities Planning, Christian Osmena regarding the 2018-19 Governor&#8217;s Proposed May Revise released this morning.&nbsp;
</span><span style="font-size:12.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">&nbsp;</span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:#1F497D">The May Revise updates the entire Governor&#8217;s proposed state budget released on January 10<sup>th</sup>. &nbsp;&nbsp;The release of the May Revise will trigger Assembly and Senate budget hearings, legislative conference
 committee which should conclude by June 15<sup>th</sup> when the state constitution directs the Legislature submit a balanced state budget to the Governor for action.&nbsp; The process will be a sprint between now and when the Governor ultimately signs a state
 budget by July 1<sup>st</sup>, 2018.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">The Chancellor&#8217;s Office will share more budget updates as the process unfolds over the next few weeks.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p>&nbsp;</o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt;color:black">Theresa D. Tena</span><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:black">Executive Vice Chancellor Institutional Effectiveness and Innovation</span><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:black">CCC Chancellor's Office</span><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:black">1102 Q Street</span><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:black">Sacramento CA&nbsp; 95811</span><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:black">Office phone 916 327-5887</span><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:black">Cell phone 916 846-3826</span><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,sans-serif;color:black"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="color:#1F497D"><o:p>&nbsp;</o:p></span></p>
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<p class="MsoNormal"><b>From:</b> ceo-all <b>On Behalf Of </b>Osmena, Christian<br>
<b>Sent:</b> Friday, May 11, 2018 10:24 AM<br>
<b>To:</b> ceo-all &lt;<a href="mailto:ceo-all@listserv.cccco.edu">ceo-all@listserv.cccco.edu</a>&gt;<br>
<b>Subject:</b> Chancellor's Office's Summary of the Governor's May Revision<o:p></o:p></p>
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<p class="MsoNormal"><o:p>&nbsp;</o:p></p>
<p class="MsoPlainText">Colleagues,<o:p></o:p></p>
<p class="MsoPlainText">&nbsp;<o:p></o:p></p>
<p class="MsoPlainText">This morning, Governor Brown released his May Revision of the 2018-19 budget.&nbsp; The Department of Finance budget summary is available here:
<a href="http://www.ebudget.ca.gov/FullBudgetSummary.pdf">http://www.ebudget.ca.gov/FullBudgetSummary.pdf</a>.&nbsp; Our office's initial summary of the impacts on the California Community Colleges is available here:
<a href="https://linkprotect.cudasvc.com/url?a=http%3a%2f%2fextranet.cccco.edu%2fPortals%2f1%2fCFFP%2fFiscal%2fBudget%2520News%2f2018-19%2f2018-05-11%2520-%2520VC%2520Letter%2520on%25202018-19%2520May%2520Revision.pdf&c=E,1,ZP2S3Y8cZFUg8Wk_yICBzs7Wtyw_I3xPaFYjUusuEFFYD6XDCkvkwb9y38RnsAE6pYsb3_2eLGLpDQ9Trsh1v9GjRnl2-Q9LDSzWD5NJ1L2k_xJf3WTB3PpNL1HstQ,,&typo=1">
http://extranet.cccco.edu/Portals/1/CFFP/Fiscal/Budget%20News/2018-19/2018-05-11%20-%20VC%20Letter%20on%202018-19%20May%20Revision.pdf</a>.<o:p></o:p></p>
<p class="MsoPlainText">&nbsp;<o:p></o:p></p>
<p class="MsoPlainText">I look forward to working with you all over the next month as the Governor and the Legislature work to enact a final budget.<o:p></o:p></p>
<p class="MsoPlainText">&nbsp;<o:p></o:p></p>
<p class="MsoPlainText">Best,<o:p></o:p></p>
<p class="MsoPlainText">&nbsp;<o:p></o:p></p>
<p class="MsoPlainText">Christian<o:p></o:p></p>
<p class="MsoPlainText">&nbsp;<o:p></o:p></p>
<p class="MsoNormal">Christian Osmeņa<o:p></o:p></p>
<p class="MsoNormal">Vice Chancellor for College Finance and Facilities Planning<o:p></o:p></p>
<p class="MsoNormal">California Community Colleges Chancellor&#8217;s Office<o:p></o:p></p>
<p class="MsoNormal">(916) 324-9508<o:p></o:p></p>
<p class="MsoNormal"><span style="color:#1F497D"><a href="mailto:cosmena@cccco.edu">cosmena@cccco.edu</a></span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:&quot;Times New Roman&quot;,serif"><o:p>&nbsp;</o:p></span></p>
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