The CSU proposes a $7.5 billion operating budget for 2021-22, with $4.2 billion from the state General Fund and $3.3 billion from tuition and fee revenue. This budget plan is an increase of $556 million over the 2020-21 operating budget. It includes significant investments so that the CSU can continue to serve as the key to California’s prosperous economy, now ranked as the fifth largest in the world.
|
General Fund Increase |
$556,020,000
| 100% |
Operating Budget
| 506,020,000
|
| |
Academic Facilities and Infrastructure
| 50,000,000 |
| |
| TOTAL NEW SOURCES |
$556,020,000
| 100% |
Graduation Initiative 2025
|
$150,000,000 | 27.0% |
|
Highest Campus Priorities
| 120,000,000
|
| |
| Basic Needs Initiative
| 30,000,000
| | |
Restoration of 2020-21 General Fund Reductions
|
299,043,000
| 53.8% |
|
Academic Facilities and Infrastructure |
50,000,000 | 9.0% |
Mandatory Costs
|
56,977,000
| 10.2%
|
| Assembly Bill 1460 Ethnic Studies Requirement
| 16,500,000
| | |
|
Health Benefits
| 23,782,000
| | |
| Maintenance of New Facilites
| 11,336,000
| | |
| Minimum Wage
| 5,359,000
| | |
TOTAL NEW USES
| $556,020,000
| 100% |