EdBudget Figures
Related Figures
- Changes in California State University General Fund Spending
- California State University Core Funding by Source
- Changes in University of California General Fund Spending
- UC College of the Law, San Francisco Funding by Source
- Changes in UC College of the Law, San Francisco General Fund Spending
- California State University Capital Outlay Projects
- State Converts CSU Student Housing Grants to Revenue Bonds
- State-Approved UC Student Housing Construction Projects
- State-Approved CSU Student Housing Construction Projects
- University of California Core Funding by Source
July 2023
Universities
State Converts UC Student Housing Grants to Revenue Bonds
Non-Proposition 98 General Fund (In Millions)
| Project Costa | |
| UC Projects Approved in 2022-23b | |
| San Diego | $100.0 |
| Berkeley | 100.0 |
| Santa Cruz | 89.0 |
| Irvine | 65.0 |
| Los Angeles | 35.0 |
| Subtotal | ($389.0) |
| UC Projects Approved in 2023-24b | |
| Riversidec | $51.0 |
| Mercedc | 50.0 |
| Subtotal | ($101.0) |
| Total | $490.0 |
| Debt Serviced | $33.5 |
| a Reflects state cost. Some projects supplement state funds with campus reserves or nonstate funds. | |
| b The 2023-24 budget package rescinds upfront one-time General Fund cash for UC student housing projects. The state authorizes UC to instead issue university bonds for all projects the state approved in 2022-23 and 2023-24. | |
| c Reflects an intersegmental project involving a community college campus. Not included in the table is an intersegmental project involving UC Santa Cruz and Cabrillo College. For this project, UC Santa Cruz plans to issue self-supporting university revenue bonds to construct market-rate beds. | |
| d Reflects an ongoing General Fund augmentation intended to cover UC's cost of borrowing (principal plus interest). | |