Update on Community College Reserves

Jan 27, 2021 - In contrast to unrestricted reserves, systemwide restricted reserves dropped $41  million (10  percent) from June 30, 2019 to June 20, 2020 —falling to $360  million. Restricted reserves fell from 18  percent of annual restricted expenditures to 16  percent.
https://lao.ca.gov/Publications/Report/4323

The 2023-24 Budget: University of California

Feb 15, 2023 - UC ’s Capital Financial Plan 2021 ‑27 included a $360  million state ‑eligible energy project for the Berkeley campus that was not yet funded. UC ’s Capital Financial Plan 2022 ‑28 includes the $249  million the state authorized for the project last year, but it also identifies $700  million in state ‑eligible project costs not yet funded.
https://lao.ca.gov/Publications/Report/4684

The 2020-21 Budget: Analyzing UC and CSU Cost Pressures

Dec 18, 2019 - For example, CSU estimates it would have to spend about $ 360 m illion more in 2020 ‑21 just to keep its backlog from growing. While comparable estimates do not exist for UC, the magnitude of these costs likely are similar to CSU.
https://lao.ca.gov/Publications/Report/4127

The 2021-22 Budget: California Community Colleges

Feb 16, 2021 - (Statute generally requires high school students to take at least 360 m inutes —six hours —of high school coursework to generate ADA funding.) Legislature Authorized CCAP Several Years Ago. Chapter   618 o f 2015 (A B  288 , Holden) created CCAP.
https://lao.ca.gov/Publications/Report/4372

California Community Colleges—Managing Cash in a Time of State Payment Deferrals

Dec 18, 2020 - The state began using payment deferrals during the dot ‑com bust but relied much more heavily on them during the Great Recession. The practice of deferring college payments peaked in 2011 ‑12, when the state deferred a total of $ 961  m illion in CCC payments —accounting for nearly 30  p ercent of CCC Proposition  98 General Fund support.
https://lao.ca.gov/Publications/Report/4307