EdBudget Figures
Related Figures
- University of California Core Funding by Source
- California State University Core Funding by Source
- California State University General Fund Changes
- California State University Capital Outlay Projects
- University of California General Fund Changes
- Funds Redirected to Support a Portion of 2018-19 Enrollment Growth at UC
- University of California Capital Outlay Projects
- Hastings College of the Law General Fund Changes
- Enrollment by Higher Education Segment
- Annual Tuition and Fees by Higher Education Segment
- New Higher Education Reporting Requirements
- Hastings College of the Law Spending Changes
July 2018
Universities
Hastings College of the Law Core Funding by Source
(Dollars in Millions)
| 2016-17 Actual | 2017-18 Revised | 2018-19 Enacted | Change From 2017-18 | ||
| Amount | Percent | ||||
| Reserve at Start of Year | $26.3 | $24.2 | $17.8 | -$6.4 | -26.3% |
| Funding | |||||
| General Fund | |||||
| Ongoing | $11.7 | $12.7 | $13.8 | $1.1 | 8.7% |
| One time | 2.0 | — | 6.5 | 6.5 | — |
| Subtotals | ($13.7) | ($12.7) | ($20.3) | ($7.6) | (59.4%) |
| Tuition and fee revenue | $41.3 | $41.9 | $43.3 | $1.3 | 3.1% |
| Othera | 3.4 | 2.7 | 1.7 | -1.0 | -35.8 |
| Totals | $58.4 | $57.4 | $65.3 | $7.9 | 13.8% |
| Spending | |||||
| Operational spending | $45.1 | $45.9 | $48.7 | $2.8 | 6.2% |
| Financial aid | 15.3 | 17.9 | 18.6b | 0.7 | 4.0 |
| Totals | $60.4 | $63.8 | $67.3 | $3.5 | 5.6% |
| Annual Deficit | -$2.1 | -$6.4 | -$2.0 | $4.4 | -68.2% |
| Year-End Reserve | $24.2 | $17.8 | $15.8c | -$2.0 | -11.4% |
| a Includes investment income, administrative overhead from auxiliary programs, and state lottery funds. | |||||
| b Beginning in 2018-19, Hastings is reducing financial aid awards for new students entering fall 2018. Despite this reduction, the school anticipates overall spending on financial aid to rise due to enrollment growth. | |||||
| c Includes $4.5 million unspent General Fund designated for diversity pipeline initiative, which provides financial aid for certain students. Hastings does not anticipate starting that initiative until 2019-20. | |||||