The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Specifically, the Governor ’s budget assumes (1)  a $620  million ($230  million General Fund) reduction through the permanent elimination of 6,500 vacant positions and associated funding and (2)  a $1.5  billion ($820  million General Fund) in 2024 ‑25 and $2  billion ($1.2  billion General Fund) in 2025 ‑26 and ongoing reduction to state operations expenditures.
https://lao.ca.gov/Publications/Report/4951

California Community Colleges—Managing Cash in a Time of State Payment Deferrals

Dec 18, 2020 - The state began using payment deferrals during the dot ‑com bust but relied much more heavily on them during the Great Recession. The practice of deferring college payments peaked in 2011 ‑12, when the state deferred a total of $ 961  m illion in CCC payments —accounting for nearly 30  p ercent of CCC Proposition  98 General Fund support.
https://lao.ca.gov/Publications/Report/4307