Earlier today Governor Newsom’s May Revise was released. The main overall highlight is the expected revenue surplus of $97.5 BILLION. The COLA has also been increased to 6.56%. CAEP is not specifically mentioned within the K-12 overview; and the Revise indicates that the COLA increase is for “selected categorical programs” only. Hopefully clarification will be coming soon whether or not CAEP finding is included within those “selected categorical programs. Any further updates will be posted if and when they become available.
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