May 2022
CSU Core Funding Under Governor's Budget and May Revision
Ongoing Funding (In Millions)
2021-22 Revised |
2022-23 | |||
Governor's Budget | May Revision | Change | ||
Funding | ||||
General Funda | $4,597 | $5,064 | $5,005 | -$60 |
Tuition and feesb,c | 3,163 | 3,163 | 3,163 | — |
Lottery | 73 | 73 | 73 | — |
Totals | $7,833 | $8,300 | $8,240 | -$60 |
Change from prior year | ||||
Amount | $467 | $407 | ||
Percent | 6.0% | 5.2% | ||
a Includes funding for pensions and retiree health benefits. The decrease in 2022-23 at May Revision is due to anticipated pension and retiree health care costs being revised downward. The May Revision makes no other changes to ongoing CSU funding. | ||||
b Includes funds used for financial aid. | ||||
c Amounts assume no changes to January enrollment estimates. Actual revenue is uncertain. |