| California
K-12 Education Funding 2025-2026 (continued) |
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Two shoes have dropped, in a manner of speaking. /1/ The State
of California
spent much |
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of its reserves last year and revenues (primarily personal and
corporate taxes) are down. /2/ Federal education funds
have been imponded - probably amounting to $15 billion |
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eventually. It is not clear when or how much of these funds
will be released. The matter is |
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in litigation. It would be imprudent not to expect reduction
or impoundment of other |
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Federal funds, especially for health care. |
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There are no (zero) leading economic indicators that suggest
that some sort of miraculous |
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financial turnabout is coming for the United States in general
or for California in particular. |
| In California the Governor's office
has published a proposed May budget based on the |
| draft January budget. The Governor
and the two houses of the legislature must agree to a |
| balanced and credible budget within
the next four to six weeks. As noted previously, |
| the uncertainties of Federal funding
make this difficult both now and in the future. |
| The Big Beautiful Bill has just
passed the House of Representatives by one vote. |
| Calaveras County, almost all of the
other 57 California Counties, the State of California |
| itself, and (so far), at least 15
other US States (the calculations are complex and rather |
| lengthy, so one should expect the
number to increase) all need a reliable source of revenue |
| that is adequate or even more than
adequate for their needs. Into the tiger's lair: We have |
|
stumbled across
only two solutions:
intercept the IRS
collection stream (first link below) |
| and sell Federal
land. The most recent epistle is Guns and the Golden State -
see below |
| Download Guns and the Golden State -
about economics and courage (a PDF)
click here |
| Download the next to latest document
about impoundments (a PDF)
click here |
| Download a spreadsheet (.xls) about
the $6 billion in paused summer funds
click here |
| Down load notes about the spreadsheet
about the $6 billion in summer funds
click here |
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Download some earlier comments on the California May budget (a
PDF)
click here |
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Download some earlier comments for Amador County in April (a
PDF)
click here |
| Download an old presentation from
2024 For Calaveras Unified (a PDF)
click here |
| Download the slightly famous Storm
Clouds Over the Moke (a nickname for the |
| Mokelumne River that is important to
Amador and Calaveras counties)
click here |
| Old webpages (2023-4) with links to
spreadsheets for all California counties
click here |
| Older webpages (2021) about COVID in
Amador and Calaveras counties
click here |