CSU chancellor cautiously optimistic about budget prospects

Gov. Schwarzenegger’s May Revision of the state budget continues to include the proposed restoration of $305 million to the California State University’s 2010-11 budget, plus $60.6 million to support enrollment growth across the CSU’s 23 campuses.

“Gov. Schwarzenegger has made supporting higher education a priority and we appreciate the continued commitment of his administration,” said CSU Chancellor Charles B. Reed.

“The return of these funds will allow us to restore and preserve student access at campuses across the state,” Reed added. “By reinvesting in California’s public universities, we will all ultimately benefit from the creation of jobs which is vital to the state’s economic recovery and prosperity.”