The 2010-11 state budget restores $199 million to the California State University and provides an additional $60.6 million for enrollment growth.
The final budget will increase the system’s General Fund support from $2.35 billion (2009-2010) to $2.62 billion, marking the first restoration of state funding to the CSU since 2007.
“We thank the governor and the Legislature for their commitment to reinvest in higher education, and appreciate the increase in state funding support for the CSU,” said CSU Chancellor Charles B. Reed.
Last year’s level of state support was the lowest for the CSU since 1999-2000 ($2.25 billion), and although the CSU will see an increase in state funding, the level of support is still at approximately 2005-2006 levels ($2.62 billion).
Despite an increase over the previous year’s level of state support, the CSU still faces fiscal obligations including mandatory cost increases such as health care benefits and energy that the general fund increase will not cover.
California State University, Fresno President John D. Welty said he is pleased with the budget news.
“At Fresno State, we have done our part by streamlining our operation as much as possible without compromising our century-old commitment to quality education at the lowest cost possible,” Welty said.
“We look forward to providing opportunities to new students from our central San Joaquin Valley region as we continue to be fiscally vigilant,” he added.
“I am grateful to the governor and Legislature for re-investing in higher education,” said Welty.
More information: http://www.calstate.edu/pa/News/2010/release/Budget2010-11.shtml
