Adding it all up - Final & Corrected

We had earlier presented the summary of the state budget deal based on a tally from a blogpost from the LAO.* Two lines were reversed on the table we presented and there was a mysterious $10 million floating loose. The Dept. of Finance has now released the official budget summary. 

In the table below, we have corrected the line reversal (which didn't affect the totals) and the $10 million is now accounted for.

The more detailed version of the budget, which will give us the best indication of UC's condition, will be out later.

Source: Prior post plus https://ebudget.ca.gov/FullBudgetSummary.pdf.

Again, when we look at all the funds associated with the general fund, the budget has a deficit of over $4 billion. But, as we always like to point out, budgets are forecasts of what revenues and expenditures will turn out to be. So the situation could look different a year from now after 2024-25 has been completed.

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*https://uclafacultyassociation.blogspot.com/2024/06/adding-it-all-up.html.