2015/16 Executive Summary

Support Budget Plan

SOURCES OF FUNDS
General Fund Increase   $216,610,000
3 Percent Enrollment Growth, Programs, and Operations 216,406,000    
Center for California Studies 204,0000    
Net Tuition Fee Revenue Adjustments   $52,417,000
3 Percent Funded Enrollment Increase
(10,382 FTES Revenue)
     
Total Revenue Increase   $269,027,000

EXPENDITURE AUGMENTATIONS
Mandatory Costs   $23,077,000
Compensation Related      
Health Benefits 11,040,000    
Retirement 7,000,000    
Other Increases      
Maintenance of New Space 5,037,000    
2 Percent Compensation Pool Increase   $65,528,000
3 Percent Increase in Funded Enrollment   $103,218,000
Student Success and Completion Initiatives   $38,000,000
Information Technology Infrastructure Upgrade and Renewal   $14,000,000
Center for California Studies   $204,000
Maintenance and Infrastructure Needs   $25,000,000
Total Expenditure Increase   $269,027,000