May 2020
Comparing CSU Spending Proposals Under Governor's Budget and May Revision
General Fund Changes in 2020-21 (In Millions)
Governor's Budget | May Revision | Change | |
Ongoing | |||
Base increase (5 percent) | $199 | — | -$199 |
Pensions | 23 | 17 | -6 |
Retiree health benefits | 31 | 31 | — |
Summer financial aid | — | -6a | -6 |
Base reduction (10 percent) | — | -398a | -398 |
Subtotals | ($253) | (-$356) | (-$609) |
One Time | |||
Extension education | $6 | — | -$6 |
Totals | $259 | -$356 | -$615 |
a The May Revision includes a budget control section that would backfill these reductions were the state to receive sufficient additional federal relief funding. |