EdBudget Figures
September 2023
Community Colleges
State Converts CCC Student Housing Grants to Revenue Bonds
Non-Proposition 98 General Fund (In Millions)
| Project Costa | |
| CCC Projects Approved in 2022-23b | |
| Fresno City College | $34.1 |
| College of the Siskiyous | $32.6 |
| Ventura College | $62.9 |
| Sierra College | $80.5 |
| Napa Valley College | $31.0 |
| Santa Rosa Junior College | $15.0 |
| Consumnes River College | $44.1 |
| Compton College | $80.4 |
| Lake Tahoe CCD | $39.4 |
| Bakersfield College | $60.2 |
| College of the Canyons | $61.9 |
| Imperial Valley Collegec | $4.6 |
| Subtotal | ($546.7) |
| CCC Projects Approved in 2023-24b | |
| San Diego City College | $75.0 |
| Cerritos College | $68.0 |
| College of San Mateo | $55.9 |
| College of the Redwoods | $28.4 |
| Subtotal | ($227.3) |
| Total | $773.9 |
| Debt Servicec | $61.5 |
| a Reflects state cost. Some projects supplement state funds with campus reserves or nonstate funds. | |
| b The 2023-24 budget package rescinds upfront one-time General Fund cash for CCC student housing projects. Community colleges may issue local revenue bonds for all projects the state approved in 2022-23 and 2023-24. | |
| c Reflects an ongoing General Fund augmentation intended to cover colleges' cost of borrowing (principal plus interest). | |