Friday, April 3, 2020

Preview of Upcoming UC Budget Woes

...(Napolitano) said it... remains unclear how the coronavirus crisis will affect UC’s budget picture. In January, Gov. Gavin Newsom proposed a 5% funding boost for UC, amounting to $217.7 million, but Napolitano said she was recently told that he will remove the increase in his May revision. However, the state will revisit its funding to UC in August or September after July tax returns are in, she said.

At the same time, UC regents withdrew a proposal to raise tuition for each incoming class for the next five years, beginning this fall. Napolitano said Thursday that regents would not bring back that proposal at their May meeting...

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