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This fall the budget for Project Arts will stay flat at $67.5 million, which amounts to around $60 annually per student.
If tax revenue was going to continue to fall, the budget for ''K-12'' (as everyone referred to it, as if it were a mountain in the Himalayas) would have to fall a little, too.
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The economy is beginning to stumble, but not yet so badly as to sour the general contentment; crime is falling; the budget is balanced, more or less.
Instead, the nation is barely skirting a recession, stock prices have fallen, the budget surplus is shrinking and the new economy is losing its charm.
With tax revenues falling, the budget deficit is likely to be over 5% of GDP this year, higher than the 4% agreed on with the IMF, and will continue to rise.
G.D.P. is falling; the budget deficit is spiralling out of control; the country can't afford its imports of energy and other products; international investors have balked at providing more financing.
And how every time unemployment falls, the budget deficit also falls?
The implication is that spending will fall if the budget is in the red.
The chancellor, George Osborne, is expected to outline where some of those cuts will fall in the budget next Wednesday.
Undergraduate enrollments have also fallen, squeezing the budget.
Growth was strong, house prices were rising gently, unemployment was falling and the budget deficit was coming down.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com