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Can you explain the 8B YOY increase in higher education for 23-24 to 24-25? It doesn't add up anywhere in the subcategories either. It's just magically 8B highe
by bradlys 8mo ago
Can you explain the 8B YOY increase in higher education for 23-24 to 24-25? It doesn't add up anywhere in the subcategories either. It's just magically 8B higher. It actually went down 0.4B if you add the subcategories.
A giant red flag here... That's half the net budget deficit. So... might want to explain it.
- eitally 8mo agoThere was a one-time appropriation change that wasn't part of the standard budget creation process. https://edsource.org/2026/newsoms-last-budget-as-governor-would-give-schools-and-community-colleges-an-unexpected-22-billion/748676 https://edsource.org/2026/newsoms-last-budget-as-governor-wo... Essentially, the AI economy has massively increased expected 2025 tax rolls.