Budget and Taxes K-12 Education Policy Areas Reports Education Budgets FY 2011 Highlights … And the Four Options for the Future May 25, 2010 / January 15, 2020 by GBPI Staff In response to continued revenue declines and limited new revenue measures, lawmakers cut education — K-12, University System, and Technical College System — by 13 to 15 percent for fiscal year (FY) 2011 when compared to the Original FY 2009 General Budget, which preceded the recessionary budget cuts. Download the PDF. Read more » Education FY 2011 K-12 State Budget Technical College System University System