2016/17 Supplemental Documentation

Special Funds

Housing Program

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 2016/17 CSU campus operated housing program design capacity is projected to total 44,100 spaces. In certain campuses, housing facilities are operated by Auxiliary Organizations.

The total projected revenue for fiscal year 2016/17 provides approximately $477 million for housing operations. From this amount, approximately $138.2 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 2014/15 Budgeted 2015/16 Projected 2016/17
Bakersfield 512 512 512
Channel Islands 820 820 1,420
Chico 2,128 2,128 2,128
Dominguez Hills 712 712 712
East Bay 1,296 1,296 1,296
Fullerton 1,918 1,918 1,918
Humboldt 2,021 2,021 2,021
Long Beach 1,962 1,962 1,962
Los Angeles 1,069 1,069 1,069
CSU Maritime Academy 722 722 722
Northridge 3,431 3,827 3,827
Pomona 2,440 2,440 2,440
Sacramento 1,672 1,672 1,672
San Bernardino 1,529 1,529 1,529
San Diego 2,674 3,510 4,169
San Francisco2 3,038 3,038 3,038
San José 3,370 3,370 3,820
San Luis Obispo 6,239 6,239 6,239
Sonoma 3,146 3,146 3,146
Stanislaus 460 460 460
TOTAL 41,159 42,391 44,100

1 Housing facilities at the Fresno, Monterey Bay and San Marcos campuses are operated by Auxiliary 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.