May 2023

Universities

UC Spending Proposals Under Governor's Budget and May Revision

General Fund Changes, 2023-24 (In Millions)

  Governor's Budget May Revision Change
Ongoing Spending      
Base augmentation (5 percent) $216 $216 —
Debt service for three capital projectsa — 33 $33
Nonresident enrollment reduction planb 30 30 —
Debt service for student housing projectsc — 30 30
Debt service for UC Riverside medical school building 7 7 —
Graduate medical education 4 5 1
UC Riverside School of Medicine operations — 2 2
     Subtotals ($256) ($322) ($66)
One-Time Initiatives      
UC Los Angeles Institute for Immunology and Immunotherapy -$100 -$100 —
UC Riverside and UC Merced campus expansion projects -83 -83 —
UC Berkeley Clean Energy project -83 -83 —
Nutrition Policy Instituted 1 1 —
UC Cooperative Extension fire advisors 2 2 —
Jobs for foreign-born entrepreneurs — 2 2
UC Los Angeles Ralph J. Bunche Center for African American Studies — 5 5
     Subtotals -($263) -($256) ($7)
Totals -($7) ($67) ($73)
       
a The Governor proposes to rescind a total of $498 million in one-time General Fund for three capital outlay projects and instead have UC issue university bonds with the state paying the associated debt service.
b In 2023-24, UC would reduce its nonresident undergraduate enrollment at three campuses (Berkeley, Los Angeles, and San Diego) by a total of 902 students. It would backfill these slots with the same number of additional resident undergraduate students.
c The Governor proposes to rescind a total of $437 million in one-time General Fund provided for various student housing projects and instead provide funding for UC to debt finance these projects using university bonds with the state paying the associated debt service.
d Per the 2022-23 budget agreement, this funding represents the second year of a four-year plan to evaluate the Free School Meals for All program.