2009/10 Support Budget II

Special Funds

Housing Programs

The Housing Program at 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 2009/10 CSU campus-operated housing program design capacity is projected to total 37,060 spaces. In certain campuses, housing facilities are operated by auxiliary organizations.

The total projected revenue for fiscal year 2009/10 provides approximately $282.4 million for housing operations. From this amount, approximately $84 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-Operate d Housing Program Design Spaces by Campus

Campus1 Actual 2007/08 Budgeted 2008/09 Projected 2009/10
Bakersfield 348 348 348
Channel Islands 810 810 810
Chico 1,726 1,726 1,726
Dominguez Hills 712 712 712
East Bay 820 820 1,292
Fullerton 832 832 832
Humboldt 1,429 1,429 1,429
Long Beach 1,962 1,962 1,962
Los Angeles 1,008 1,008 1,008
Northridge 2,935 2,935 3,335
Pomona 1,6160 1,616 1,616
Sacramento 1,072 1,072 1,672
San Bernardino 1,553 1,553 1,553
San Diego 3,100 3,100 3,100
San Francisco2 2,406 2,406 2,406
San José 3,319 3,319 3,319
San Luis Obispo 3,579 4,746 6,333
Sonoma 2,449 2,449 2,449
Stanislaus 460 460 460
TOTAL 32,136 33,303 37,060

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 do not include