Highlights of the 2006/07 CSU Trustees’ Support Budget

• $33.6 million for mandatory cost obligations, including $18.7 million for health benefit increases



• $65.1 million for 2.5 percent enrollment growth (8,306 FTES)



• $32.7 million to augment financial aid for the CSU’s neediest students



• $77.4 million for a 3 percent compensation pool for all employees effective July 1, 2006



• $16.6 million for a 0.64 percent compensation pool for all employees to fund the first-year costs of a five-year plan to close the CSU’s salary gap



• $2.5 million to address long-term shortfalls in funding for library acquisitions



• $2.5 million to continue reductions in the backlog of deferred maintenance



• $5 million for the build-out of the information technology infrastructure