Shortfall
In a regents’ committee meeting on January 20th, UCOP officials summarized the governor’s budget in a few slides. The 3 percent base increase is on the new, permanently-reduced amount. The rest are line-items that normally a public university would fund out of general operating money… DM [Deferred maintenance] gets $175m in one-time funds, and more earmarks are added. The DM figure is about 1.25 percent of a reasonable estimate of system-wide deferred maintenance, so at this rate UC will fix this year’s back log about 80 years from now. Except it’s not annual money… In short, Newsom restores Jerry Brown austerity in the form of frozen tuition and sub-inflation net state funding. We all hate the phrase, but this is classic “do more with less”–with no state interest in its effect on UC viability.
Read full article [here].
by Chris Newfield, Remaking The University.