The 2023-24 Budget: California State University

Feb 7, 2023 - To reduce near ‑term spending, the Governor proposes to rescind $405  million one ‑time General Fund provided for six CSU capital projects in 2022 ‑23 and instead provide $27  million ongoing General Fund beginning in 2023 ‑24 to debt finance these projects using university bonds.
https://lao.ca.gov/Publications/Report/4671

The 2023-24 Budget: Higher Education Overview

Jan 31, 2023 - As part of his budget solutions, the Governor is proposing to provide CSU with an ongoing $27  million General Fund augmentation to cover debt service on six capital budgets (rather than providing $405  million upfront for the projects).
https://lao.ca.gov/Publications/Report/4664