July 2024
Changes in California State University General Fund Spending
2024-25 (In Millions)
2023-24 Revised Spending | $5,445 |
Ongoing Spending | |
Base augmentation (approximately 5 percent) | $240 |
Retiree health benefit cost increase | 64 |
CalVet tuition waiver expansion | 6 |
Assembly Fellows (7 new positions)a | — |
CENIC cost increaseb | — |
Pension cost adjustment | -135 |
Subtotal | ($174) |
One-Time Adjustments | |
Intersegmental partnershipsc | $5 |
Base reduction | -75 |
Subtotal | (-$70) |
Remove 2023-24 one-time funding | -$36 |
Total | $69 |
2024-25 Enacted Spending | $5,513 |
a Budget provides $330,000 for this purpose. | |
b The 2021‑22 budget agreement included a five‑year plan for covering higher CENIC charges. The annual funding increase in 2024‑25 is $152,000. | |
c Funds support the planning and implementation costs of up to two projects that bring together campuses from the public higher education segments at a single location in a historically underserved area of the state to offer programs that support workforce needs. | |
CENIC = Corporation for Education Network Initiatives in California. |