1. As proposed in January 2012

2.  Low Economic Recovery Continues  Uncertainty and Significant Risks Remain  Defining the Budget Gap  Temporary Tax Protects Education and Public Safety  Alternative to Taxes is Even Deeper Cuts

3.  Affordability  Student Success  Stable Funding Sources  Fiscal Incentives

4.  Apportionments Increase of $218.3 million to partially restore deferrals  Categorical Program Consolidations and Flexibility Exceptions: DSPS, TTIP, and Foster Care  Mandate Reform  Redevelopment Agency Elimination  Possible Redesign of Funding Mechanism

5.  No COLA No Growth No Net Reductions……

6.  No net reductions if the November 2012 Tax Incentive is supported by the voters  With the increased structural and inflationary expenses and the deficit covered by the contingency funds in 2011-2012, we will be looking at a deficit of $3,311,264.

7.  Mid-year reduction of 480 FTES $2,178,928 Resulting in a deficit that includes the cuts, the increase in structural and inflationary expenses, and the deficit covered by contingency funds in 2011- 2012, of $5,490,192.

8.  In 2009 EVERY county voted against extending existing taxes  89% of voters believe that “there is a lot or some waste in government.”

13. Need to cut at least $1,130,551 from outside the classroom, IF there is a 2012-2013 mid-year cut, if NOT then at least $215, 685 in order to preserve the 50% Rule More research is being done on what the factor should be for calculating this savings (calculated at $1701 per FTES) The impact of the change of the Census Date is not addressed