Last Updated: | 3/21/2013 |
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.