May 2017

Higher Education

2017-18 California State University General Fund Changes

(In Millions)

  Governor's Budget May Revision Change
Unrestricted base increases (ongoing)      
Funding per Governor’s original long-term plan $131 $127 -$4
Redirected savings from Middle Class Scholarship modifications 26 26 0
Subtotals ($157) ($153) (-$4)
Pension adjustment (ongoing) $50 $39 -$11
Retiree health benefits adjustment (ongoing) 23 23 0
Lease-revenue bond debt service adjustment (ongoing) 5 5 0
Remove one-time funding provided in prior year -87 -87 0
Other adjustments -22 -22 0
Total Changes $126 $112 -$15