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

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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

Overview of the 2016-17 Governor’s Budget January 2016 Amy Costa Advisor to Director on Higher Education
Balanced Budgets Have Been Quickly Followed by Huge Deficits 2 2016-17 Governor’s Budget
Unpredictable Capital Gains 3 2016-17 Governor’s Budget
Areas of Focus � Paying Down Liabilities and Saving for Rainy Day � Countering the Effects of Poverty � Addressing Climate Change 4 2016-17 Governor’s Budget
Continuing Investment in Higher Education Maintaining Affordability Supporting Success for All Students Strengthening Paths Through Education and Into Workforce 5 2016-17 Governor’s Budget
Community Colleges Maintaining Affordability Maintaining Affordability • One-Time Funding to Pay Down Debts and Liabilities o $283 million Deferred Maintenance and Instruction Equipment • Containing Student Costs o $5 million Zero-Textbook Cost Programs 6 2016-17 Governor’s Budget
Community Colleges Supporting Success for All Students • $30 million increase for Basic Skills 7 2016-17 Governor’s Budget
Community Colleges Strengthening Paths Through Education and Into Workforce • $200 million Strong Workforce Program 8 2016-17 Governor’s Budget

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