Overview of the 2016-17 Governors Budget January 2016 Amy Costa - - PowerPoint PPT Presentation

overview of the 2016 17 governor s budget
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Overview of the 2016-17 Governors Budget January 2016 Amy Costa - - PowerPoint PPT Presentation

Overview of the 2016-17 Governors Budget January 2016 Amy Costa Advisor to Director on Higher Education Balanced Budgets Have Been Quickly Followed by Huge Deficits 2 2016-17 Governors Budget Unpredictable Capital Gains 3 2016-17


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Overview of the 2016-17 Governor’s Budget

January 2016

Amy Costa Advisor to Director on Higher Education

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2016-17 Governor’s Budget

Balanced Budgets Have Been Quickly Followed by Huge Deficits

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2016-17 Governor’s Budget

Unpredictable Capital Gains

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2016-17 Governor’s Budget

Areas of Focus

Paying Down Liabilities and Saving for Rainy Day Countering the Effects of Poverty Addressing Climate Change

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2016-17 Governor’s Budget

Continuing Investment in Higher Education

Maintaining Affordability Supporting Success for All Students Strengthening Paths Through Education and Into Workforce

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2016-17 Governor’s Budget

Community Colleges

Maintaining Affordability

  • One-Time Funding to Pay Down Debts and Liabilities
  • $283 million Deferred Maintenance and

Instruction Equipment

  • Containing Student Costs
  • $5 million Zero-Textbook Cost Programs

Maintaining Affordability

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2016-17 Governor’s Budget

Community Colleges

  • $30 million increase for Basic Skills

Supporting Success for All Students

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2016-17 Governor’s Budget

Community Colleges

  • $200 million Strong Workforce Program

Strengthening Paths Through Education and Into Workforce