July 2009 Volume 22 No. 14 State Delays Payments to Schools Financial Aid Application to Be Simplified Assembly Budget Committee Analyzes Governor's Reform Proposals Ask SSC . . . Will We be Able to Do a TRANs? Ask SSC . . . Are Time Certifications Needed for ARRA Funds? Pooled Money Investment Board Update By the Way . . . State Superintendent Releases Latest CAHSEE Results California’s Bond Rating Continues to Deteriorate By the Way . . . Insurance Commissioner Rejects Workers’ Compensation Increase By the Way . . . The Pooled Money Investment Board approves interest rate on IOUs What a Difference a Day Makes! Governor Proposes Suspension of Proposition 98 Fixing the State Budget 2008-09 Year Ends Without Budget Solution Are IOUs Coming? Assembly Approves Majority Vote Budget Package; Senate Takes Some Actions Ask SSC . . . Will the Legislature Allow Districts to Contract Out Services? By the Way . . . The Governor Issues a Press Release By the Way . . . Health Savings Account Parameters Set for 2010 By the Way . . . Legislature Remains at Impasse
June 2009 Volume 22 No. 13 By the Way . . . Senate Confirms Board of Governors Appointments 2008-09 Proposition 98 Reductions Pass Assembly—Hang Up in Senate By the Way . . . Medicare Retiree Drug Subsidy Funds Distributed Ask SSC . . . Will Community College Apportionments Be Delayed? Latest Budget Drill Fails—Controller to Issue IOUs on July 2, 2009 State Budget Dance Continues PERS Board Adopts Modified Smoothing Method California Unemployment Rate Jumps Ask SSC . . . Can We Offer an Early Retirement Incentive While Still Paying for the Last One? By the Way . . . PERS Board Approves Health Premium Rate Increases UCLA Says Recession’s Freefall Is Over Conference Committee Acts on Education Package
June 2009 Volume 22 No. 12 By the Way . . . Workers’ Compensation Hearing Held Board of Governors’ Appointments Approved Ask SSC . . . How Do We Calculate Unused Sick Leave Into Service Credit for Retiring Employees? Budget Conference Committee Hears Community College Budget Proposals By the Way . . . PERS Investment Returns Improve Budget Conference Committee Hears from Faculty, Administrators, and Students Community College Budget Detail and Additional Proposed Changes SSC’s Updated May Revision California Community College Dartboard Now Available Legislative Analyst Identifies $6 Billion Budget Gap Governor Schwarzenegger Addresses Joint Legislative Session Regarding the State Budget Leadership During Tough Times—An Editorial By the Way . . . Additional General Fund Cuts Update on STRS Funding Shortfall and Contribution Rates