The CSU Board of Trustees approved its 2014-15 budget ask on Nov. 6, which requests that the Governor and Legislature provide an additional $237.6 million in state funding for the upcoming fiscal year. The expenditure plan focuses on funding to meet increasing enrollment demand, augmentations for student success and completion initiatives and a modest compensation increase.
The budget plan would bring the CSU’s annual support budget to approximately $4.6 billion. If fully funded, the 2014-15 expenditure plan also assumes no tuition fee increase, marking the third consecutive year that tuition fee rates would remain at the same level.
Specific expenditure increases include:
*5% Enrollment Demand – $79.2 million
*Augmentations for student success and completion – $50.0 million
*Financing maintenance and infrastructure needs – $15.0 million
*Mandatory costs (health benefits, new space) – $13.7 million
*Compensation increase (3 percent “pool”) – $91.6 million
*Center for California Studies—cost increases – 0.2 million
More information about the proposed CSU 2014-15 support budget can be found here.
Click below for a visual representation graphing the state support budget for the California State University:
*CSU 2007-08 Through 2016-17 General Fund
Chart illustrates 10 Years of CSU General Fund (GF) appropriation with the Governor’s 2014-15 to 2016-17 multi-year plan.
*CSU 2001-02 Through 2016-17 State Appropriations with Actual Resident Student Enrollment to Date
Graph illustrates the trend between CSU resident student enrollment and state General Fund (GF) appropriations since 2001-02 with the Governor’s 2014-15 to 2016-17 multi-year plan.
(May 14, 2013) – Governor Brown’s May Revision of the 2013-2014 state budget continues to propose an additional $125.1 million in state funding for the California State University and also maintains reinstating $125 million that was cut from last year’s budget and was due to be reimbursed in this year’s budget following the successful passage of Proposition 30. The proposal also states that the administration will work with the colleges and universities, legislature and other stakeholders on a framework that would link future budget augmentations to performance-related measures.