State officials recently told the CSU system to cut $31.3 million from its budget — Fresno State’s share was $1,706,600 — because the state budget might be sliding into a new deficit due to declining state revenues. The university’s operating budget is about $250 million — $153 million coming from the state and the remainder from student fees and grants. Gov. Schwarzenegger will call lawmakers into session after the Nov. 4 election to deal with the worsening budget situation. When that happens, Fresno State and all CSU campuses could be asked to cut more, Kus said.

Read full article [here].
by Doug Hoagland, The Fresno Bee.

Posted: October 23rd, 2008, by: admin. Categories: . Awaiting Comments.