While corporate profits in California are booming, corporate tax collections are 6 percent below estimates, "the result of corporate tax breaks added or expanded in recent years. The latest numbers come as a surprise to state budget writers, and that ought to sound alarms," says Dan Morain. Sacto Bee column
LAUSD officlals are "doing the dance again — the soul-sapping, time-wasting annual ritual of figuring out" how many teachers will be laid off, and notifying thousands of the possibility. Steve Lopez/LAT
Also: The Board of Education went ahead with plans to require even the least college-bound LAUSD students to pass college prep classes in order to graduate high school. LAT
The controversy over whether to build new baseball fields on the east side of Griffith Park, 10:30 a.m. on KPCC's "Airtalk with Larry Mantle."
The LA Times endorsed Rep. Janice Hahn in the 44th congressional district, over Rep. Laura Richardson. LAT editorial
As Cal State students face another tuition hike this fall, a CBS2 News investigation has found tens of thousands of dollars of questionable spending by the chancellor’s office. CBS2
State Sen. Sam Blakeslee, one of the only Republican senators willing to try negotiating a budget deal with Democratic Gov. Jerry Brown last year, plans to start a new think tank, the California Reform Institute, with $750,000 from Charles Munger Jr., a prominent Republican donor. PolitiCal
Eyetronics Media and Studios, the Encino company introduced last year as a financially powerful production partner for KCET, has been reduced to a tiny operation that has been late on some of its bills, including rent and paychecks, according to several people familiar with the company. LAT
The San Francisco Museum of Modern Art announced that it would suspend all advertising in SF Weekly, citing the trafficking of children for sex through parent Village Voice Media's Backpage.com. Via release
CCNMA: Latino Journalists of California is losing its free office space at USC, possibly a "fatal blow" to the organization. LA Weekly
Jamiel Shaw was killed in 2008 because he was mistaken for a gang member, prosecutors said in the murder trial of his suspected killer. LAT
LACMA apologized to a mother who was told by a museum guard to stop breastfeeding her baby in one of the galleries. LA Weekly
An elementary school in North Hollywood is part of Maurice Sendak's legacy. DN
The Kennedy Center’s Broadway production of “Follies,” which recently received eight Tony Award nominations, opens tonight at the Center Theatre Group/Ahmanson Theatre.
Three short films from what many believe were the best years of the Pacific Coast League will highlight the annual PCL Historical Society reunion, scheduled for Saturday, May 12, from 9 a.m. to 3 p.m. at the Carson Community Center. It's free.