funding

5:01pm

Thu April 19, 2012
Education

November ballot will determine CSU funding

The California State University system is waiting for the fate of its funding to be determined by November ballot.

As the possibility of another $200 million cut in CSU funding looms this year, all eyes are on the November elections to see whether or not voters will approve Governor Jerry Brown’s tax initiative. It would increase taxes by one percent for Californians earning over $250,000, by two percent for those earning $500,000, and temporarily increase the sales tax by half-a-percent. If it’s not approved, CSU funding will be cut.

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