May 2022
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. |