The 2024-25 California State Budget outlines the state’s intent to cut the UC system’s state general fund by approximately 8% beginning in fiscal year 2025-26. According to the budget, the cut is part of a multi-year strategy to address a $46.8 billion state deficit. While the state has yet to adopt a budget for fiscal 2025-26, this year’s budget includes future planning adjustments aimed at placing the state on a “fiscally responsible long-term path,” the budget states.

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by Alexa Vasquez, The Daily Californian.

Posted: October 29th, 2024, by: admin. Categories: . Awaiting Comments.