The budget malaise in Sacramento obviously continues. The Governor has now suspended Prop 98 and has declared an emergency session (again). New this time around is the IOU feature (i.e., Registered Warrants) that will impact many that are due payment from the state. The implications of all of this is complicated at best and far reaching.
I find it amazing that the Sacramento folks have been working on this budget since January and we have had several "versions" with more to come. This past year (08-09) had any number of "budgets" for the year accompanied by emergency sessions, etc. How many times will the Sacramento folks need to "do their budget" before they get it correct and the rest of us in the state can actually plan and proceed with confidence in their work? I can only suspect that Wall Street and the lenders nationally have similar questions.
In RUSD, we continue to await the latest -- and hopefully final round of "budgeting" for the 09-10 fiscal year.
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