2010/11 Executive Summary

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 2010/11 CSU campus operated housing program design capacity is projected to total 39,190 spaces. In certain campuses, housing facilities are operated by Auxiliary Organizations.

The total projected revenue for fiscal year 2010/11 provides approximately $316.7 million for housing operations. From this amount, approximately $97 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 2008/09 Budgeted 2009/10 Projected 2010/11
Bakersfield 348 348 348
Channel Islands 820 820 820
Chico 1,737 1,963 1,963
Dominguez Hills 712 712 712
East Bay 1,286 1,286 1,286
Fullerton 832 832 832
Humboldt 1,594 1,594 1,872
Long Beach 1,962 1,962 1,962
Los Angeles 1,008 1,008 1,058
Maritime Academy 459 591 591
Northridge 3,019 3,419 3,419
Pomona 1,616 2,216 2,216
Sacramento 1,066 1,666 1,666
San Bernardino 1,553 1,553 1,553
San Diego 3,100 3,100 3,100
San Francisco2 2,425 2,425 2,425
San José 3,470 3,470 3,470
San Luis Obispo 5,110 6,280 6,280
Sonoma 2,459 3,157 3,157
Stanislaus 460 460 460
TOTAL 35,036 38,862 39,190

1 Housing facilities at the Fresno, Monterey Bay and San Marcos campuses are operated byAuxiliary Organizations.
2 Total number of bed spaces do not include 959 apartment units that are leased on a unit basis and not per bed space.