Gov. Brown’s proposed reinvestment in the CSU of $125.1 million in new funding and $125 million reinstated from last year’s budget cut remained intact in his May Revision of the 2013-14 state budget released yesterday.
The proposed increase would bring state funding levels to $2.3 billion for the CSU’s programs and operations.
The revised budget plan also links funding to accountability measures and states the administration will continue to work with the CSU and legislature on an accountability framework for future budget augmentations.
“The funding proposed for public higher education in the Governor’s May Revise is a critical investment in the future of California,” said Chancellor Timothy P. White. “We look forward to working with the governor and legislature to invest these educational resources while ensuring the accountability of our universities and the success of our students in a way that upholds the mission of the California State University.”
The CSU Board of Trustees will review the budget plan at its meeting next week. The plan, originally discussed by the board in March, addresses three main areas: student access and success, faculty and staff compensation and mandatory costs. More information.