Election Results, 2012

1. Election Results, 2012 Kathy Hart November 13, 2012

2. Board Election • Teresa Brown, re-elected • Steve Castellanos, re-elected • C. Jennet Stebbins, re-elected • Undecided: E. Blanchard vs C. Moreno Voters displayed confidence in current board; results provide consistency and knowledge of recent history.

3. Proposition 30 • Brice Harris email • Concern: $210 million in “additional funding this year.” We can serve an “additional 20,000 students.” (50 million = 153 FTES) • “. . . Adding classes so that no one who can benefit from higher education in California finds the door closed.” • CCCCO “Key Facts”—same story • Our 13-14 Budget Analysis doesn’t bear these points out.

4. Other results: • May be Democratic “Supermajority” which could mean talk and action on taxes, e.g., reduce the % needed to pass parcel taxes or implementing other taxes • California’s economy remains volatile

5. On the National Front: Post-Election Session and Community Colleges • “fiscal cliff”—a series of changes in policy that will decrease spending and increase taxes • “sequestration” (January 2)—automatic, across-the-board spending reductions—all nonexempt, domestic discretionary programs will be reduced in the current fiscal year (12-13)by 8.2%--a double cut with half the year over. • Pell is exempt in year 1, but others are not—WIA, Perkins, TRIO, Title III-A, HSI’s, C6, etc.

6. More • Expiring tax provisions. We need to ask legislators to support American Opportunity Tax Credit (AOTC)—tax benefits to CC students. • Critical student eligibility issues: • 1. restore Ability to Benefit student aid for students in career pathway. • 2. fight elimination of student aid room and board eligibility for 100% distance education students.

7. Concern • 2-year default rate for Stafford loans was up over 3%. • 3-year default rate, the basis for institutional sanctions, was up to 18.3%--nearly one in five borrowers.