Gov. Jerry Brown proposed Tuesday to direct all of the extra $2.8 billion in revenue that the state expects to receive this year to K-12 schools and community colleges, mostly for one-time uses, including $1 billion to implement the Common Core standards.
There had been projections of even more money this year, but in a news conference releasing hisMay budget revise, Gov. Jerry Brown tempered expectations; the drag of federal tax changes, sequestration of federal spending and new payroll projections had led the administration to lower its bottom-line estimates in the May revision of the state budget. Administration officials warned that the minimum guarantee for school spending, after rising to $56.5 billion in 2012-13, is projected to fall nearly $1 billion next year.