1 / 6

Santa Paula Elementary School District Budget Update - March 13, 2012

Learn about the economic trends impacting the district's budget, including job growth, high unemployment, troubled housing market, and more. Stay informed on tax initiatives and mid-year budget cuts.

rona
Download Presentation

Santa Paula Elementary School District Budget Update - March 13, 2012

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Budget Update Santa Paula Elementary School District March 13, 2012

  2. Economic and Revenue Update • Job growth rising • Unemployment still high • 11.1% for December 2011 • Housing market remains troubled • Corporate profits/Technology companies booming • Federal policy uncertainty

  3. Economic and Revenue Update • LAO forecast for tax revenues for the 2011-12 & 2012-13 fiscal years down • $6.5 billion compared to Governor’s January proposal • $8.5 billion if Facebook-related revenues are omitted

  4. Tax Initiatives

  5. Budget Update – No Mid-year cuts

  6. Budget Update – Mid-year cuts

More Related