May Revision Budget Workshop

To: Superintendents, Board Members, CBOs, and Cabinet Members
Governor Newsom has announced that tomorrow (Friday) at approximately 10am, he will release the May Revision to his original January budget proposal for 2022-23 (see here<www.gov.ca.gov/2022/05/10/friday-governor-newsom-to-release-revised-budget-plan-in-sacramento/>). His announcement will include updates to state revenues, which are significantly higher than projected in January. He will also share his vision for spending those monies, including the context and proposed increases to LCFF, allocations to restricted programs, and one-time allocations. The May Revision also marks the beginning of final budget negotiations between the governor and legislature since the legislature must submit a budget to the governor by June 15. To assist you in assimilating this information, we invite you to participate in the virtual Budget Perspectives Workshop, May Revision 2022, provided free of charge by Capitol Advisors Group. Please see the information below for registration: What: Virtual Budget Perspectives Workshop, May Revision 2022 When: Wednesday, May 25, 2022, 3-4:30pm Registration: Santa Barbara County Education Office<us02web.zoom.us/webinar/register/WN_PK47wpIUSCS6zCO1juBNVQ> Please feel free to share this information with those named and others who can benefit. If you have any questions, please contact me directly. Bill Bill Ridgeway Assistant Superintendent Administrative Services Santa Barbara County Education Office (805) 964-4711, ext. 5700 bridgeway@sbceo.org<mailto:bridgeway@sbceo.org>