455.Paper.Peter Qu.UC Budget Cuts.AUT08

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Unformatted text preview: etween
the
Assembly
 and
the
Senate
version
of
the
budget
bill
(California's
Budget
Process,
2006).
 IV. Preferences:
Balanced
Budget
and
Adequate
Services
to
Californians
 The
decision
makers
in
the
budget
process
for
the
UC
systems
are
mostly
public
servants
 working
for
the
State
of
California.

They
share
a
similar
set
of
preferences
while
may
maintain
 different
priorities
on
some
other
preferences.

These
preferences
have
been
listed
below.
 1) A
balanced
budget
 California
State
Constitution
requires
the
expense
in
State
budget
to
be
in
balance
with
revenue.

 Unlike
the
Federal
government,
the
State
of
California
has
limited
capability
to
maintain
budget
 deficit
through
debt
financing.

In
the
proposition
58
passed
in
2004,
votes
has
given
the
State
 Government
the
authority
to
issue
Economic
Recovery
Bonds
to
help
balance
the
budget
in
 economic
downturn
(Schwarzenegger,
Governor’s
Budget
Summary
2008‐09,
2008).

At
the
time
 of
the
decision,
the
government
has
authority
to
issue
$3.3
billion
Economic
Recovery
Bonds
 (Schwarzenegger,
May
Revision
2008‐09,
Governor's
Budget,
2008).
 2) Provide
excellent
higher
education
in
California
 All
decision
makers
have
vested
interest
in
maintaining
the
UC
system
as
the
premier
public
 university
system
in
United
States.

In
addition
to
maintaining
academic
excellence,
it
is
also
 preferable
for
the
UC
system
to
continuously
expand
its
enrollment
in
order
to
provide
 education
to
the
growing
body
of
graduating
seniors
and
transfer
students
in
the
State
of
 California
(Higher
Education
Accord).
 3) Maintain...
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