May 2022

Universities

CSU Spending Proposals Under Governor's Budget and May Revision

General Fund Changes in 2022-23 (In Millions)

  Governor's Budget May Revision Change
Ongoing Spending      
Base augmentation (5 percent) $211 $211
Enrollment fundinga 81 81
Pension cost increase 81 69 -12
Retiree health benefit cost increase 82 34 -47
Foster youth programs 12 12
Other adjustments b b
Subtotals ($467) ($407) -($60)
One-Time Initiatives      
Deferred maintenance and energy efficiency projects $100 $100
CSU Bakersfield Energy Innovation Center 83 83
CSU San Diego Brawley Center 80 80
CSU University Farms 50 75 25
CSU Fullerton Engineering and Computer Science Innovation Hub 68 68
CSU East Bay and CSU Northridge First Star foster youth cohort 1 1
Carryover funds 1 1
Subtotals ($234) ($408) ($174)
Totals $701 $815 $114
       
a Amount shown is based on funding 9,434 full-time equivalent students at the 2021-22 state marginal cost rate of $8,586 per student.
b Less than $500,000.