California entered 2010-11 with a longstanding imbalance between ongoing spending and income. To help close that gap, state policymakers suspended Proposition 98, the minimum funding guarantee for K-12 schools and community colleges. In total, revenues for K-12 schools are down nearly 10% this year compared with 2007-08. Yet more cuts loom as the…

With K-12 schools representing the single largest expenditure in the state budget, education funding has been a central issue throughout the chaos that has recently characterized California's budget process. School districts throughout California have endured deep cuts in state funding, and more cuts are looming. But state law severely limits the…