COVID-19 Effect Cut off Grant: The Finances will bring a-one-date raise around $120.dos mil to the COVID-19 Response Cut-off Give. That it take off grant is comprised of a mixture of CARES Work loans and you will Prop. 98 Standard Financing you to area universities may use to support college student training and decrease training loss connected with the fresh new COVID-19 pandemic. The brand new Budget demands a post on the usage these types of fund from the .
Legal services getting Undocumented Anybody: The brand new Budget brings $10 billion within the lingering Prop. 98 Standard Loans to support immigrant legal advice for society college children, faculty, and you can team.
Dreamer Resource Liaisons: The brand new Budget brings $5.8 million from inside the Prop. 98 Standard Fund to fund Dreamer Financing Liaisons and you may college student service functions to own immigrant people together with undocumented children inside community universities. This method will never be folded toward College student Equity and you may Achievement System funding, while the suggested regarding the Can get Improve.
Changed CalPERS/CalSTRS Benefits: The Funds redirects $2.step three billion appropriated about 2019 Finances Act so you’re able to CalSTRS and CalPERS to deal with enough time-identity unfunded liabilities and relieve manager share cost during the 2020-21 and you can 2021-22. (more…)
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