New state budget increases CSU funding

Jerry Brown
Jerry Brown

There is good news for the CSU system in Gov. Jerry Brown’s 2014-15 budget proposal: the universities will be receiving a 5 percent increase in general funds. In an official document posted on Scribd, the budget plan proposed that an additional $142.2 million go to the CSU’s general fund.

According to the proposal, the passage of Proposition 30 in 2012 was “premised on the need to increase funding for education.” While it didn’t say that the proposition made it possible to further educational funding, the proposal suggested that allocations are only going to increase compared to recent low budget guarantees for higher education.

“For the first time since the recession began in 2008, the 2013-14 Budget invested in, rather than cut, education spending,” Brown said in his proposal.

In an online statement released on Jan. 9, the CSU commended the governor for continuing to show support for students.

“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,” said Chancellor Timothy P. White.

The total education budget for 2014-15 is $61.6 billion dollars, and the proposal projects annual increases up to a total fund of $69.6 billion in 2017-18.

Enrique Raymundo can be reached at [email protected] or @ERaymundoCV on Twitter.