The 2021-22 Budget: University Capital Outlay

Mar 5, 2021 - As Figure  2 shows, these proposals have a total cost of $ 299  m illion, consisting of $ 284  m illion from university bonds and $ 15  m illion from campus reserves. The associated annual debt service is estimated to be between $ 16  m illion and $ 19  m illion.
https://lao.ca.gov/Publications/Report/4395

The 2021-22 Budget: “Cradle to Career” Data System

Mar 26, 2021 - Also in January, the Governor proposed providing $14. 5  m illion non ‑Proposition  98 General Fund ($11. 5  m illion ongoing, $ 3  m illion one time) for various other project costs in 2021 ‑22, including creating a new “Cradle to Career ” office within the Government Operations Agency (GovOps).
https://lao.ca.gov/Publications/Report/4409

The 2021-22 Budget: California Institutes for Science and Innovation

Mar 2, 2021 - Since the release of the proposal in January, the UC Office of the President has worked with the institutes to develop initial plans for the use of the $ 20  m illion in one ‑time funds. Based on these plans, which UC recently submitted to our office, UC intends to allocate the funds equally among the four institutes, providing roughly $ 1  m illion to each institute each year of the five ‑year period.
https://lao.ca.gov/Publications/Report/4394

The 2021-22 Budget: UC Division of Agriculture and Natural Resources

Feb 26, 2021 - Much like for UCOP and campuses, ANR ’s base augmentation —$1. 9  m illion —would partially restore ANR ’s base budget to its 2019 ‑ 20 l evel. To restore the remaining $7. 3  m illion reduction to ANR, the Governor ’s budget proposed authorizing UC to charge campuses new assessments.
https://lao.ca.gov/Publications/Report/4391

The 2021-22 Budget: California Community Colleges

Feb 16, 2021 - The Governor proposes to provide a total of $ 250  m illion one ‑time Proposition  98 General Fund for these grants. Of this amount, $ 100  m illion is proposed as part of the Governor ’s early action package.
https://lao.ca.gov/Publications/Report/4372

The 2021-22 Budget: Analysis of the Major University Proposals

Feb 1, 2021 - In addition to the remaining funds provided under the first round, CSU and UC are expected to receive $ 592  m illion and $ 261  m illion, respectively, in institutional relief under the second round of federal funds.
https://lao.ca.gov/Publications/Report/4336

The 2021-22 Budget: Hastings College of the Law

Feb 22, 2021 - On its core budget, Hastings anticipates deficit spending of $2. 2  m illion (3. 6  p ercent of annual spending) in 2020 ‑21, leaving $10. 7  m illion in its core unrestricted operating reserve (about two months of annual spending).
https://lao.ca.gov/Publications/Report/4383

The 2021-22 Budget: UC Programs in Medical Education

Feb 26, 2021 - According to UC, one ‑third of the amount attributable to enrollment growth ($1. 3  m illion) would cover financial aid for the additional students and the remainder ($2. 7  m illion) would cover instructional costs (such as hiring new faculty).
https://lao.ca.gov/Publications/Report/4389

The 2021-22 Budget: California Student Aid Commission

Feb 8, 2021 - These four proposals consist of: $ 58  m illion ongoing beginning in 2020 ‑ 21 t o restore Cal Grant A eligibility for certain students. Trailer bill language to postpone a requirement that private nonprofit institutions admit a specified number of transfer students. $ 35  m illion ongoing to fund an additional 9, 000 n ew competitive awards annually. $ 20
https://lao.ca.gov/Publications/Report/4355

The 2021-22 Budget: Various CSU Proposals

Mar 9, 2021 - Based on a fall 2020 c ampus survey, CSU estimates that its revenue losses total $ 689  m illion from March through December 2020. CSU is addressing a portion of these revenue losses using federal funds for institutional relief, which total $ 854  m illion to date.
https://lao.ca.gov/Publications/Report/4399