As we have pointed out, UCLA administration keeps citing numbers - with regard to childcare closings and anything else in the budget while not providing the basic accounts. Where is an income statement for 2025-26? Revenue? Spending? By unit? Where is a balance sheet? When "deficits" are cited, what definition is being used? Yours truly looked at the UCLA website and the latest year available is 2024-25:
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https://www.finance.ucla.edu/corporate-accounting/ucla-annual-financial-reports
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Yet, when it comes to justifying the childcare closure, the powers-that-be cite bits and pieces of data from fiscal year 2025-26. And apparently, the UCLA student newspaper has access to some kind of documentation for 2025-26. And there is reference to projections for the current 2026-27 fiscal year. From the Daily Bruin:UCLA’s childcare centers are projected to incur a year-end budget deficit of $9.1 million ahead of their June 2027 closure, according to financial statements reviewed by the Daily Bruin. UCLA’s Early Care and Education centers, which primarily serve the children of UCLA faculty and students, will close in June 2027 because of budget issues, Executive Vice Chancellor and Provost Darnell Hunt announced in an August email to parents. The university initially projected that ECE’s accumulated deficit would be $8.6 million by June 2027, but the figure was adjusted to include food service costs, a UCLA spokesperson said in an emailed statement.
...ECE’s projected operating expenses for the 2026-27 academic year are about $10.2 million, according to the documents. Parent tuition accounts for more than $6.2 million in revenue, and remaining costs are paid by the university, state funding and student fees, the documents said.
The childcare centers’ financial difficulties come as UCLA experiences broader budgetary woes. UCLA had a year-end budget deficit of $58 million for the 2025-26 academic year, down from its initial projections of $220 million, Chancellor Julio Frenk said in a September campuswide email...
