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Community College Facility Coalition |
Updated November 7, 2008 |
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Updated November 10, 2008 |
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Community College Facility Coalition Legislative Update — April 5, 2002 — CCFC Phone 916.446.3042 EDUCATION BOND PACKAGE SENT TO GOVERNOR — The Legislative Conference Committee on the Education Bond reported the conference report out of the Conference Committee on March 20th, just before the spring recess. The following day the Assembly approved the measure by a vote of 71 to 6. The Senate left for recess without voting on the measure. However, yesterday morning the measure squeaked out of the Senate by the barely necessary 27 votes. There were 11 votes in opposition, with 2 not voting.The provisions of the bill are repeated below from the FAST FAX of March 21st. The bill (AB 16 — Hertzberg) is a historic measure for the community colleges which garner 40% of the higher education allocation. The only open question is the method of repayment of the revenue bond portion for the community colleges (Proposition 98, or not).
2002 GO Bond Revenue Bond Total K-12 $ 11.4 Billion HIGHER EDUCATION University of California $ 408.216 million $279 million $ 687 million California State University 495.932 million 191 million 687 million Community Colleges 745.853 million 171 million 917 million Subtotal Higher Education $1.65 billion $641 million $ 2.29 billion TOTAL for 2002 $13.05 billion 2004 K-12 $10.0 billion HIGHER EDUCATION University of California $ 690 million California State University 690 million Community Colleges 920 million Subtotal Higher Education $2.3 billion TOTAL for 2004 $12.3 billion GRAND TOTAL $25.35 billion
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For more information, contact Paul Holmes or Shannon Mahoney. 1130 K Street, Suite 210, Sacramento, California 95814 Voice: 916.446.3042 -- Fax: 916.441.3893 |
