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Saturday, April 25, 2015

April Shower of Money Could Help UC's May Revise

April is the big revenue month for the state income tax and as the chart above from the state controller shows, revenue is exceeding the estimate for the month made by the guv last January. The month isn't over yet and the receipts already include the estimate. Yes, there are the usual provisos about Prop 98 grabbing the money for K-14, etc. But the headline effect could be good for UC in its tuition/budget dispute with the guv as he releases the May Revise budget proposal.

There is an article about the April revenues in the Sacramento Bee at:
http://www.sacbee.com/news/politics-government/capitol-alert/article19445535.html

You can't complain about a shower of money at this time of year:
video

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