2008/09 Support Budget

SPECIAL FUNDS

Housing Program

The Housing Program at the CSU provides residential facilities for students.

The State Dormitory Construction Fund was established under the State Revenue Bond Act of 1947, and bonds were initially sold to support the construction of campus housing facilities. In 1957, the legislature approved a residence hall program, which was financed by both state and federal funds. Today the Housing Program is a self-supporting program, deriving its revenues primarily from fees collected for the use of the residence facilities. Funds are used for current operating expenses, maintenance and repair, improvements to facilities, and interest and principal payments on outstanding bonds. After payment of all authorized charges, the balances in any of these funds remain available for future program expenses.

The 2008/09 CSU campus-operated housing program design capacity is projected to total 34,920 spaces. In certain campuses, housing facilities are operated by auxiliary organizations.

The total projected revenue for fiscal year 2008/09 provides approximately $220 million for housing operations. From this amount, approximately $62.4 million is used for debt service for payments of principal and interest on revenue bonds issued to finance construction of student housing and major renovations.

CSU Campus-Operated Housing Program
Design Spaces by Campus

Campus1 Actual 2006/07 Budgeted 2007/08 Projected 2008/09
Bakersfield 354 354 354
Channel Islands 357 813 813
Chico 1,737 1,737 1,737
Dominguez Hills 712 712 712
East Bay 820 820 1,300
Fullerton 832 832 832
Humboldt 1,367 1,367 1,367
Long Beach 1,962 1,962 1,962
Los Angeles 1,008 1,008 1,008
Northridge 3,018 3,018 3,018
Pomona 1,610 1,610 1,610
Sacramento 1,276 1,072 1,072
San Bernardino 1,553 1,553 1,553
San Diego 3,100 3,100 3,100
San Francisco2 2,378 3,337 3,337
San Josť 3,508 3,508 3,508
San Luis Obispo 3,579 3,579 4,746
Sonoma 2,431 2,431 2,431
Stanislaus 460 460 460
TOTAL 32,062 33,273 34,920

1 Housing facilities at the California State University Maritime Academy, Fresno, Monterey Bay, and San Marcos campuses are operated by auxiliary organizations.

2 Total number of bed spaces does not include 779 apartment units acquired in summer 2005 and 180 apartment units recently acquired from the San Francisco State University Foundation.


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Last Updated: October 24, 2016