Special Session Issues
The Governor has called a Special Session of the Legislature to immediately address the budget and cash shortfall. Included in the Special Session are the following proposals:
- A $40 million one-time reduction to CCC apportionments. The Administration will work with the Chancellor, Superintendent, and other parties to identify one-time savings to mitigate this reduction.
- Delay $200 million in payments scheduled for July 2008 to CCC for the 2007-08 deferral of apportionments until September of 2008. This delay of deferral payments will help reduce the state's cash flow borrowing costs in the budget year and, thus, help avert a temporary cash shortage.
CHAPTER HIGHLIGHTS for
Higher Education Back to Top
PRINTABLE BUDGET DOCUMENTS Back to Top
Budget Summary - Higher Education (pdf * - 520K)
Provides this entire Higher Education Chapter in pdf format.
ADDITIONAL INFORMATION Back to Top
Proposed Budget Detail - Higher Education
Displays Proposed Budget Detail information for Higher Education.