You Might Not Want to Look...

...at the July cash statement of the state controller. Because if you do, you will find out that revenues in the first month of the fiscal year came in over $400 million below estimates in the recently-enacted state budget.

And, of course, there could be trigger cuts in the budget (including at UC) although such cuts are more contingent on the passage by voters (or not) of the governor's tax initiative, Prop 30.

If you do want to look, nonetheless, the report is at:
http://www.sco.ca.gov/Files-ARD/CASH/fy1213_jul.pdf

Look if you dare: