Posts Tagged: tuiktion

Brown targets education, cap-and-trade money

Gov. Brown and aides head to a Capitol briefing on his latest state budget. (Photo: AP/Rich Pedroncelli)

by JOHN HOWARD posted 01.09.2015

Jerry Brown kept the purse strings tight on the University of California, but proposed an $8 billion boost for public education and wants to spend $1 billion of cap-and-trade auction money on high-speed rail. transit and related projects. In the first budget of his last term in office, the Democratic governor offered a $164 billion spending plan — $113 billion of it in the General Fund, the state’s coffer of sales, income and business taxes — for the 2015-16 fiscal year that begins July 1.

The governor, who has described himself as tight with a buck, set out to prove it before the UC Regents when he said they needed to bite into a “reality sandwich” if they were thinking of getting more than a 5 percent hike in state funds. The increase Brown granted in this year’s budget was relatively modest but desperately needed to fill some gaps for UC.