|Budget Issue:||Combining capital and support budgets.|
|Program:||UC, CSU, and Hastings|
|Finding or Recommendation:||Recommend rejecting the Governor's 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.|
Our report, The 2013-14 Budget: Analysis of the Higher Education Budget, provides detail on the Governor's proposal to combine the capital and support budgets of the universities. Please see this section for a description of the Governor's proposal and this section for our assessment and recommendations.