EdBudget Figures
Related Figures
- Changes in California State University General Fund Spending
- California State University Core Funding by Source
- State Converts UC Student Housing Grants to Revenue Bonds
- 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-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 CSU Student Housing Grants to Revenue Bonds
Non-Proposition 98 General Fund (In Millions)
| Project Costa | |
| CSU Projects Approved in 2022-23b | |
| San Francisco | 116.3 |
| San Marcos | 91.0 |
| Fullerton | 88.9 |
| Long Beach | 53.3 |
| Dominguez Hills | 48.8 |
| Northridge | 37.5 |
| Fresno | 31.1 |
| Humboldt | 27.1 |
| San Diegoc | 4.6 |
| Subtotal | ($498.5) |
| CSU Projects Approved in 2023-24b | |
| San Jose | 89.1 |
| Sacramento | 41.3 |
| Stanislaus | 18.9 |
| Project cost overruns | 7.5 |
| Subtotal | ($156.8) |
| Total | $655.2 |
| Debt Service | $52.0 |
| 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 CSU student housing projects. The state authorizes CSU 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. | |
| d Reflects an ongoing General Fund augmentation intended to cover CSU's cost of borrowing (principal plus interest). | |