K thru 12 Education
0954 Scholarshare Investment Board

The ScholarShare Investment Board administers the Golden State ScholarShare College Savings Trust Program (ScholarShare), the Governor's Scholarship Programs (GSP), and the California Memorial Scholarship Program (CMS). ScholarShare is a way for families to save for higher education costs using a tax-advantaged 529 college savings plan. GSP granted scholarships to students who attained certain scores on state tests. CMS provides scholarships to surviving dependents of California residents killed in the terrorist attacks of September 11, 2001.


EXPENDITURES Back to Top
The following table presents proposed and revised budget year expenditures for this Department.
Expenditures January '16
Proposed*
May '16
Revised*
Change* % Change
Totals Expenditures (excluding Infrastructure)
$3,092
$3,328
$236
7.63%
    Infrastructure
-
-
-
-
Totals, All Expenditures
$3,092
$3,328
$236
7.63%

POSITIONS Back to Top
The following table presents proposed and revised budget year positions for this Department.
Positions January '16
Proposed
May '16
Revised
Change % Change
Totals, Positions 10.0 10.0 - 0.00%

DETAILED EXPENDITURES BY STATE FUNDS Back to Top
The following table presents proposed and revised state fund expenditure amounts for the budget year by General Fund, special funds, and selected bond funds.
Expenditures January '16
Proposed*
May '16
Revised*
Change* % Change
General Fund
$365
$365
$-
0.00%
Special Funds
-
236
236
-
Selected Bond Funds
-
-
-
-
Totals, State Funds
$365
$601
$236
64.66%


ADDITIONAL INFORMATION Back to Top
Proposed Budget Detail - Scholarshare Investment Board (January 2016)
Displays Proposed Budget Detail information for Scholarshare Investment Board.