Capitol Advisors Email Invite and Workshop Registration

Please see workshop information from Capitol Advisors below. The workshop is free!
Dear CBOs and Business Managers,
I want to invite you to join me for a very important upcoming budget workshop we are hosting at the Santa Barbara County Education Office, presented by Capitol Advisors.
January Governor’s Budget Perspectives Workshop Thursday, January 26 9:00am to 11:00am
Santa Barbara County Education Office Auditorium 4400 Cathedral Oaks Rd., Santa Barbara, CA 93110
To register, please use the link below. Please note that workshop is not virtual, but will be held at the county office.
Governor’s Budget Perspectives Workshop, Santa Barbara CEO<budgetperspectivesworksho.regfox.com/governors-budget-2023-24>
We have been tracking the economy and revenue collection data and much is still uncertain about the budget situation for FY 2023-24. The Legislative Analyst’s Office (LAO) will be providing a fiscal outlook this week and we will know more at that time. After rapid revenue growth and record-breaking General Fund (GF) and Proposition 98 spending over the last few years, it is likely things will flatten out or drop a bit in the coming years. Fortunately, both the GF and Prop. 98 have healthy reserves built up, and significant one-time spending in last year’s budget leaves us some cushion to maintain on-going funding levels and hopefully provide a full COLA to the LCFF and on-going programs (note that with inflation high we are expecting a large COLA, likely above 7%).
Capitol Advisors will discuss the January budget proposal and proposed funding and programs, as well as advocacy plans related to:
* Maintaining LCFF gains and providing a full COLA * Funding, policy and implementation issues related to expanded learning, TK, universal meals, community schools, special education, etc. * Continuing efforts to address declining enrollment and ADA fluctuations * The political dynamics that will impact the Legislature’s consideration of the Governor’s proposal
As always, this workshop is provided at no cost by your county office of education and is presented by Capitol Advisors in collaboration with ACSA, CSBA, SSDA, AALRR and CLIMATEC.