Archived entries for UC’s options

November 30, 2012

About Proposition 30

Voters in November passed Proposition 30, an initiative that will raise new state revenue through temporary increases in the state sales tax and the personal income tax on those who earn $250,000 or more per year. It was sponsored by Gov. Jerry Brown and is part of the 2012-13 budget approved by state lawmakers.

The University of California Board of Regents endorsed Prop. 30. If the initiative had failed, UC was scheduled to receive a budget reduction of $250 million this year and lose an additional $125 million next year.

Read more on the initiative, its projected effect on funding for public higher education, and arguments pro and con.

November 30, 2012

Regents examine deficit strategies

The University of California Board of Regents, in a daylong retreat on Sept. 12, looked at dozens of proposals for addressing the university’s growing budget deficit, from academic strategies to changes in employee health and welfare benefits.

The retreat, called by board chair Sherry Lansing, was intended to give regents a deeper understanding of the hard choices they may be called on to make in November after voters decide the fate of Proposition 30.

Read the complete article at UC Newsroom.

July 10, 2012

Addressing budget shortfalls

Although UC has taken many systemwide actions to address the current budget crisis (tuition increases, one-year furlough for many employees, administrative efficiencies and restructuring debt, among others), UC campuses have been left with significant budget shortfalls. In fact, while the majority of the actions taken to address cuts in the prior two years have emanated from central solutions, the reverse is now true for the shortfalls campuses are addressing in 2011-12. The attached document details actions taken throughout the UC system to address these shortfalls. This report is scheduled to be presented to the UC Regents at their July 18 meeting.

uc_budget_shortfall_actions

 

March 26, 2012

Pillars of quality: UC at a crossroads

UC’s strength and quality rest on four pillars:  a stable funding relationship with the state of California; wise stewardship of resources; leveraging of the multiple strengths of the university; and predictable funding from non-State financial sources, including tuition.

Yet the UC Of 2012, despite its many strengths, is at a crossroads, with two of its four pillars proving increasingly unable to sustain the university’s mission and the continuing quality of its education and research.  These issues, presented to the Board of Regents at its March 2012 meeting, are summarized in the short paper that follows.

Read the complete document…

January 23, 2012

UC cuts administrative costs, seeks new revenue

The University of California Board of Regents met Jan. 18-19 at UC Riverside to discuss savings from cost-cutting and development of new revenue to fill a looming budget gap… During the two days of meetings, senior administrators outlined for the board the latest state funding proposal and discussed a variety of initiatives now under way, including efforts to pare operational costs and enhance revenue opportunities from new inventions.

Read the complete article in UC Newsroom.

July 14, 2011

State budget shortfall forces second fee increase for fall 2011

UC Regents reluctantly approved a plan to close a $1 billion budget shortfall through a 9.6 percent tuition increase — on top of an existing 8 percent hike for fall 2011 — cost-cutting measures and operational efficiencies. Read the complete story…

July 5, 2011

Tuition, fee increases eyed for budget shortfall

With cost-cutting and revenue-generating measures in place to fill the bulk of a billion-dollar budget gap resulting from steep cuts in state funding, the University of California staff is preparing to recommend to the Board of Regents that roughly one-quarter of the shortfall be offset with tuition and fee increases, UC Vice President Patrick Lenz said today (July 1). Read the complete statement…

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