Last Updated: | 2/10/2012 |
Budget Issue: | Debt service costs |
Program: | UC and CSU |
Finding or Recommendation: | Recommend rejecting the Governor's January proposal to (1) shift funding for general obligation debt service into the universities' base budgets and (2) remove restrictions on funding for lease-revenue debt service. |
For more detail, please see the "Debt Service Payments" section of The 2012-13 Budget: Analysis of the Governor's Higher Education Proposal.