System faces $250 million reduction unless November tax measure is approved by voters
(May 14, 2012) – Governor Brown’s May Revision of the 2012-13 state budget proposes a $250 million trigger cut for the California State University if his tax measure is rejected by voters this November. With voter approval of the tax measure, the CSU would receive an essentially flat budget with $2.06 billion in state funding. Last year state support for the CSU was reduced by $750 million. If the tax measure is defeated, CSU’s state funding would fall to $1.8 billion, the lowest amount of state funding the university has received in 17 years.
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During the May 2012 CSU Board of Trustees meeting, the system vice chancellors presented various alternatives for potential cost reduction and revenue enhancement strategies. These strategies will be further discussed at the July 2012 CSU Board of Trustees meeting.
Find the Committee on Finance presentation here.
Find the agenda item here.
Click below for a visual representation graphing the state support budget for the California State University:
*State Allocation and Enrollment
Graph represents what full time students paid vs how much state funding the CSU received from 1996 to 2013.
*CSU State Allocations vs Higher Ed Compact Funding Agreement
Graph illustrates state support the CSU has received since 1998 versus the Higher Education Compact Funding Agreement.
The California State University 2012-2013 Budget Fact Sheet outlines the following:
State slashes investment in higher education
*State support for the CSU has been cut by almost $1 billion or 35% over the past 18 months. Student tuition fee increases cover only half of these cuts.
*With current and proposed “trigger” budget cuts, the CSU has $2,500 less to spend per student compared to 1998-99.
State threatens more higher education cuts
*If the Governor’s tax initiative is not approved by voters in November, the CSU faces an additional $200 million cut.
*The CSU opposes the Governor’s proposal to increase GPA requirements for Cal-Grant recipients.
*CSU already provides $700 million in state university grant aid and already cannot meet all students’ needs.
Click here for the complete Budget Fact Sheet.
