September 20, 2010
UC faces more challenges in 2011-12 budget
Despite the current state budget stalemate, UC is moving ahead with the development of a spending plan for 2011-12. Regents will vote on the 2011-12 UC budget at their November meeting, trying to balance pressing university priorities with the state’s continuing fiscal crisis.
As of Sept. 20, California is experiencing its 82nd day without a 2010-11 budget, fast approaching the longest time in history the state has gone without an approved fiscal plan. (Gov. Schwarzenegger signed the 2008 budget on Sept. 23.) Both the governor’s and the Legislature’s proposed budgets include additional funding for UC of about $370 million. That includes a restoration of $305 million of the money cut the previous year when lawmakers slashed $637.1 million, or 20 percent, from the state’s contribution to UC’s core operating funds. About half of UC’s operating funds for academic and student services programs comes from the state. In 2009-10, the state general fund contributed approximately $2.6 billion to the UC budget.
Because of the budget stalemate in Sacramento, the university has to make up about $200 million a month in anticipated state general funds, said UC Vice President of Budget Patrick Lenz, who gave UC Regents an update at their Sept. 15 meeting. Read more…
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