In light of the multi-year compact and recommended tuition proposal, the CSU has a unique opportunity to develop a budget framework that would span multiple years. Planning over more than one year recognizes the time horizon necessary for CSU priorities to be successfully implemented. The multi-year expenditure estimates for many of these priorities are forecast based on trends from prior years and high-level estimates for future increases.
The continued state investment and additional student tuition provide predictable revenues to ensure continued investment in high-impact areas of the university. This plan reflects the final three years of the governor’s compact and demonstrates a gradual investment in several of the university’s highest priorities.
TABLE 5: MULTI-YEAR SOURCES & USES OF FUNDS (MILLIONS)
TUITION: INCREASE
| $148 | $158 | $168 | $178 | $189 |
TUITION: ACCESS & ENROLLMENT
| 24 | 26 | 27 | 30 | 32 |
GENERAL FUND: COMPACT COMMITMENT
| 240 | 252 | 265 | 278 | 292 |
| GENERAL FUND: ADDITIONAL REQUEST | 145 | 104 | 56 | 79 | 76 |
| TOTAL NEW SOURCES | $557 | $540 | $516 | $565 | $589 |
STUDENT ACCESS AND SUCCESS
|
$150 |
$169 |
$190 |
$209 |
$219 |
| Financial Aid: State University Grant | 58 | 61 | 65 | 69 | 74 |
| Student Access & Enrollment | 55 | 61 | 65 | 70 | 75 |
| Graduation Initiative | 30 | 40 | 50 | 60 | 60 |
| Student Basic Needs and Mental Health | 7 | 7 | 10 | 10 | 10 |
|
INSTITUTIONAL SUPPORT |
$108 |
$92 |
$95 |
$122 |
$126 |
Compliance Programs
| 20 | 14 | 14 | 14 | 16 |
Required Operational Costs
| 63 | 53 | 56 | 58 | 60 |
| Debt Service on Facilities & Infrastructure | 25 | 25 | 25 | 50 | 50 |
|
CSU WORKFORCE INVESTMENTS |
$299 |
$279 |
$231 |
$234 |
$244 |
Faculty & Staff Compensation Pool
| 221 | 229 | 179 | 185 | 190 |
| Health Premiums | 78 | 39 | 40 | 42 | 44 |
| Retirement Benefits | 0 | 11 | 12 | 7 | 10 |
| TOTAL NEW USES | $557 | $540 | $516 | $565 | $589 |
The CSU has several multi-year budget priorities that are critical to fulfilling the mission and providing students with a high-quality, affordable and accessible education. CSU students have expressed a desire for increased support services that meet their diverse individual needs.
Each of these budget priorities contributes to the whole and are important to student success. As mentioned previously, ongoing financial resources proposed in the compact are insufficient to fully support these and other priorities.
- Advance student success by expanding the work of the Graduation Initiative to support the CSU’s broader mission of educational equity so that all students have the equal opportunity to earn the lifelong, life-transforming benefits of a CSU degree.
- Invest in our faculty and staff who educate, support, inspire and uplift our diverse and talented students.
- Ensure safe, modern and sustainable facilities where teaching, learning and student well-being can thrive.
- Continue to provide financial aid to assist students with the greatest financial need.
- Grow enrollment to ensure a solid foundation for California’s future economy with a diverse, degree-holding, well-educated citizenry.
The multi-year budget plan would be supported by the ongoing funding included in the state’s multi-year compact, as well as the multi-year tuition increase. It is unclear whether state funding above the compact would be available and provided by the state.