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Lay, Scott – iJournal, 2003
This article provides insight into the California state budget process and gives an overview of California's growing deficit. The author examines the decline in personal income gained from stock options and capital gains as a means of illustrating the economic factors that resulted in a $28 billion deficit. Next, the author turns his attention to…
Descriptors: Budgeting, Budgets, Community Colleges, Educational Finance