CSU Faces $500 Million Budget Deficit - University Times

Sep 19, 2024 · This article was first published in the September 11 print edition of the University Times. For Cal State LA, the current operating budget sits at $370 million. Due to the deficit, …

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CSU Faces $500 Million Budget Deficit - University Times

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CSU, Reeling From Budget Cuts To Classes And Faculty, Decries

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6 days ago · Under Gov. Gavin Newsom's proposed 2025-26 budget, CSU faces a $375-million funding cut — a 7.95% reduction, the equivalent of 20% of its entire full-time faculty — …

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CSU, Reeling From Budget Cuts To Classes And Faculty, Decry

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Jan 30, 2025 · Under Gov. Gavin Newsom’s proposed 2025-26 budget, CSU faces a $375 million funding cut — a 7.95% reduction, the equivalent of 20% of its entire full-time faculty — …

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‘We Have To Do Less With Less’: Cal State Faces Extra $500 Million ...

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May 28, 2024 · Budget math. The yawning gap is the result of two forces: Newsom heavily scaling back his promises of growing financial support for Cal State due to the state’s multibillion …

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Cal State Campuses Brace For ‘severe Consequences’ As Budget …

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Sep 25, 2024 · California State University is anticipating state spending cuts next summer of nearly $400 million and a delay in promised state support of more than $250 million. ... Already …

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More Cuts Ahead For CSU Campuses To Close $500M Budget Gap

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May 28, 2024 · But if Newsom’s May budget update becomes law, Cal State would face a three-year operating deficit of $831 million through 2025-26 — more than $500 million greater than …

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Newsom California Budget Rejects UC, CSU Tuition ... - Los Angeles …

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Jan 9, 2021 · The money represents about half of the $299 million in ongoing funding for the Cal State system that was cut last year because of the recession and state budget deficit. …

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Proposed CSU Budget Cuts Worry Faculty Who Feel Overworked And ...

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Jan 16, 2025 · As California grapples with a projected $55 billion deficit, Gov. Gavin Newsom's proposed budget for the next fiscal year puts higher education funding on the chopping block. …

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Newsom Plans To Slash CSU Funding By $375.2 Million. Here’s What …

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The California State University system stands at a pivotal moment as it faces a proposed 7.95% reduction in state funding that could reshape higher education for more than 450,000 students …

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UC And CSU Face Budget Challenges - Public Policy Institute Of …

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Jul 10, 2020 · The budget reduces funding by $470 million for UC and $500 million for CSU from the governor’s pre-pandemic January budget proposal. UC funding will be about $258 million …

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Big State Systems Were Among Those Announcing Cuts In January

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1 day ago · The 23 institutions in the CSU system are bracing for state budget cuts of nearly $400 million. University of New Orleans. After consolidating five colleges into two in December, the …

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Forced To Do More With Less: Cal State System Faces Additional …

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Jun 2, 2024 · But if Newsom’s May budget update becomes law, Cal State would face a three-year operating deficit of $831 million through 2025-26 — more than $500 million greater than …

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Cal State System Faces $500 Million Budget Gap Under Newsom’s …

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Jul 10, 2024 · California State University is facing a budget gap of $500 million for the upcoming 2024-25 fiscal year, officials revealed at a trustee board meeting last week. ... CSU officials …

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Cal State Faces Extra $500 Million Budget Gap - The Press Democrat

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May 29, 2024 · ‘We have to do less with less’: Cal State faces extra $500 million budget gap. Two major forces are at play: Gov. Gavin Newsom scaled back his promise of increased financial …

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Cal State System Faces $500 Million Budget Gap Under ... - The …

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May 30, 2024 · However, under the state’s proposed budget, CSU officials said they would also face a three-year operating deficit of $831 million through the 2025-26 school year–more than …

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FAQs about CSU Faces $500 Million Budget Deficit - University Times Coupon?

Will CSU get a $375 million budget cut?

Under Gov. Gavin Newsom's proposed 2025-26 budget, CSU faces a $375 million funding cut — a 7.95% reduction, the equivalent of 20% of its entire full-time faculty — university officials told the Board of Trustees. ...

Will Cal State cut a $32.4 million deficit?

Cal State L.A. is struggling with a $32.4 million deficit this year brought on by state cuts, unfunded employee pay increases and inflation — and the proposed cut for 2025-26 could widen that gap by another $19.7 million, President Berenecea Johnson Eanes told the campus community in a memo last fall. ...

Why is Cal State Long Beach facing a budget deficit?

Even campuses with growing enrollment are facing budget deficits. Cal State Long Beach is projecting a $15-million budget deficit because additional tuition revenue from more students won’t fully cover the state’s proposed cut and higher mandatory costs for health care, insurance and utilities. ...

How will California State University's budget gap affect students?

California State University is anticipating state spending cuts next summer of nearly $400 million and a delay in promised state support of more than $250 million. The projected budget gap may prevent the system from enrolling new students, offering employee raises and spending more money to boost graduation rates. ...

How much does Cal State's system deficit cost in 2026-27?

The April meeting also calculated a projected 2026-27 systemwide deficit of more than $200 million — the cost equivalent of 12,500 classes taught, 1,500 faculty or 1,100 managers, which represents a quarter of all the managers at Cal State. ...

What if Cal State cut its budget?

Cal State University leaders say proposed deep budget cuts would cripple the system. The shortfall would leave no new funds for student support, mental health, basic needs, employee pay, and other needs. State officials said the 7.95% proposed budget cut is is being applied to all state agencies. ...