Projected budget allocation will sustain programs and services to students
(January 9, 2014) LONG BEACH – “We applaud the Governor for sustaining his commitment to the multi-year funding plan for the California State University (CSU). This investment enables us to serve California’s future economic growth, and social mobility for our populace, through affordable access to high quality education and degrees. The good news for the CSU and its students is that the proposed budget will enable the University to improve existing programs and services, and maintain tuition at the current rate for the fourth consecutive year,” explained Chancellor Timothy P. White.
December 11, 2013
The following statement can be attributed to Chancellor Timothy P. White, California State University
“The California State University (CSU) is very encouraged by the 2014-15 Budget Blueprint unveiled today by the Speaker and the Assembly Democratic Caucus that prioritizes higher education funding to expand opportunities for students and bolster the quality of educational programs. Each year, the CSU turns away more than 20,000 fully eligible students. With a continued investment in the CSU, the university is poised to serve more students and expand high-impact teaching practices that advance degree completion. The university looks forward to reviewing this proposal in more detail, and is committed to working with the Governor and Legislature through the budget process.”
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.