Budget 101: You Do The Math
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From UC Berkeley’s News Center: In a study released today (Tuesday, April 24), three UC Berkeley researchers conclude that graduates of the University of California and California State University systems provide ongoing returns to the state that average $12 billion a year. That’s well above California’s current general fund expenditures for the UC, CSU and [...]
From UC Regent Richard Blum’s opinion piece in today’s (April 18) Daily Californian: …While there’s still some misinformation being flung about, I suspect most people have come to realize that the root cause for rising tuition at the University of California is state disinvestment, plain and simple. To be fair, the recession has cut significantly [...]
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 [...]
From Associated Press (via Boston.com): State funding for higher education has declined because of a slow recovery from the recession and the end of federal stimulus money, according to a study released Monday. Overall, spending declined by some $6 billion, or nearly 8 percent, over the past year, according to the annual Grapevine study by [...]
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 [...]
From the Chronicle of Higher Education: States have cut funds for public research universities by 20 percent in constant dollars from 2002 to 2010, according to a report issued on Tuesday by the National Science Foundation… The findings in this year’s report demonstrate a continuing trend in scientific innovation. While countries like China and India [...]
Patrick Lenz, UC vice president for budget and capital resources, made the following statement Thursday, Jan. 5, regarding Gov. Jerry Brown’s proposed state budget for 2012-13: We’re gratified that Gov. Brown is proposing an additional $90 million in funding for the University of California — an ongoing increase that the governor said can be used [...]