The document discusses the benefits of open educational resources (OER) for students, faculty, and taxpayers. It outlines current and future funding opportunities for colleges to adopt OER through incentive grants from the California College Textbook Affordability Act and the Achieving the Dream OER Degree Initiative. The document also summarizes California's proposed 2016-17 state budget that includes $5 million to create "zero-textbook-cost degrees" using open educational resources at community colleges.