The 2026-27 Budget: University of California

Feb 26, 2026 - In 2023 ‑24 (the most recent year for which UC has reported data), UC reserves declined from 17  percent to 15  percent of annual core fund expenditures —equating to just under two months of reserves.
https://lao.ca.gov/Publications/Report/5143

The 2026-27 Budget: California Student Aid Commission

Feb 17, 2026 - From 2022 ‑23 through 2024 ‑25, CSAC determined what percentage of each student ’s remaining costs to cover based on the annual MCS appropriation. In 2022 ‑23, award coverage was 26  percent, followed by 36  percent in 2023 ‑24, and 35  percent in 2024 ‑25.
https://lao.ca.gov/Publications/Report/5127

The 2026-27 Budget: California State University

Feb 24, 2026 - As Figure 11 shows, CSU’s total spending on employee health care costs has been increasing over time, reaching $779 million in 2024‑25. Growth in health care costs has been particularly notable the past three years (with the highest growth in 2023‑24 at 10 percent).
https://lao.ca.gov/Publications/Report/5142

The 2025-26 Budget: University of California

Feb 27, 2025 - In April 2024, UC employed nearly 143,000 FTE campus employees (excluding medical centers). As Figure  5 shows, the number of FTE employees at UC has generally been trending upward over time. The only staffing decline from 2014 ‑15 through 2023 ‑24 was a 5  percent decline in 2020 ‑21, as UC responded to the pandemic and associated fiscal reductions.
https://lao.ca.gov/Publications/Report/4998

The 2025-26 Budget: California Student Aid Commission

Feb 28, 2025 - CSU has expressed concerns more generally given its systemwide budget shortfalls in 2023 ‑24 and 2024 ‑25. Both CSU and UC currently are expressing concerns given the 2025 ‑26 state budget plan includes funding reductions for them.
https://lao.ca.gov/Publications/Report/4994

The 2024-25 Budget: California State University

Feb 15, 2024 - Governor Assumes Pension Contribution Rates Decrease in 2024 ‑25. The Governor’s budget assumes that employer CalPERS contribution rates will decrease in 2024‑25 due to the application of a supplemental pension payment made in 2023‑24.
https://lao.ca.gov/Publications/Report/4842

The 2024-25 Budget: California Student Aid Commission

Feb 29, 2024 - Governor ’s Budget Reflects Further Spending Increases in 2024 ‑25. From the revised 2023 ‑24 spending level, the Governor ’s budget further increases Cal Grant spending by $148  million (6.2  percent) in 2024 ‑25.
https://lao.ca.gov/Publications/Report/4865

The 2025‑26 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 20, 2024 - The cap has been operative in previous years but is inoperative as of 2024‑25. 2023‑24 and 2024‑25 Updates State ’s Job Market and Consumer Spending Remain Lackluster … California ’s economy has been in a slowdown for nearly two years, characterized by a soft labor market and weak consumer spending.
https://lao.ca.gov/Publications/Report/4940

The 2024-25 Budget: University of California

Feb 28, 2024 - Based on UC ’s 2023 ‑24 enrollment estimates as of February  2023, $16  million in enrollment growth funding has been  unearned. Hold UC ’s Resident Undergraduate Enrollment Target Flat for 2024 ‑25 and 2025 ‑26.
https://lao.ca.gov/Publications/Report/4862

The 2024-25 Budget: College of the Law, San Francisco

Mar 5, 2024 - In 2023 ‑24, CLSF expects total enrollment to decline by 13 full ‑time equivalent (FTE) students (1.1  percent). The majority of the decline is from the JD program, which is expected to decline by 22 FTE students.
https://lao.ca.gov/Publications/Report/4875