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Budget Update

Stay informed on the latest economic trends affecting Santa Paula Elementary School District. Discover job growth insights, unemployment rates, housing market challenges, and more. Learn about the impact of tax initiatives and budget updates.

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Budget Update

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  1. Budget Update Santa Paula Elementary School District March 13, 2012

  2. Economic and Revenue Update • Job growth rising • Unemployment still high • 11.1% for December 2011 • Housing market remains troubled • Corporate profits/Technology companies booming • Federal policy uncertainty

  3. Economic and Revenue Update • LAO forecast for tax revenues for the 2011-12 & 2012-13 fiscal years down • $6.5 billion compared to Governor’s January proposal • $8.5 billion if Facebook-related revenues are omitted

  4. Tax Initiatives

  5. Budget Update – No Mid-year cuts

  6. Budget Update – Mid-year cuts

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