Word has been circulating on campus of a new systemwide funding plan for all the campuses coming out of Oakland and President Yudof. It is referred to as a "revenue allocation model" for the campuses, whereby each campus will retain its own revenues. A “tax” will be imposed on each campus to support the central UCOP operation.
The new model is slated to go into effect as a pilot program in 2011-12, with full implementation in 2012-13. Exactly what is entailed in this model is not clear, nor are its implications for campus operation or the faculty.
Since we are now in the break period between quarters and in the holiday season, maybe as far as the implications are concerned, this best sums it up for now: