2008 Woodie Awards
$312.9 Million Cut Concearns Entire CSU Community
Chancellor Reed addresses budget to CSU employees
Jackie Carbajal
Issue date: 2/12/08 Section: News
In a public message addressed to the California State University employees on Jan. 30, Chancellor Charles B. Reed focused on California's recent budget cuts approved by the Board of Trustees in response to the $14.5 billion state budget deficit.
In order to prevent the projected ten percent student fee increase, the CSU budget must accrue $73.2 million in addition to the already proposed $312.9 million cut.
"This funding reduction comes only three years after our budget was reduced by over $500 million during the 2002-03 and 2004-05 fiscal years, which led to significantly reduced student access, as well as a dramatic increase in student fees," Reed continued. "History will likely be repeated if the Governor's proposed CSU budget reductions are sustained by the legislature."
Reed stressed the vitality of CSU system and its direct impact on the economy.
"We play a major role in the state's workforce in the areas of nursing, teaching, agriculture, business, public administration, and engineering. The CSU returns $4.41 to California's economy annually for every $1 invested by the state. Given the state's General Fund condition, we believe investing in the CSU is a smart solution to address the state's fiscal deficit," he stated.
Reed called on Schwarzenegger to consider supporting alternative means less drastic to rectify the state's increased economic struggles and its effect on CSU, referring to it as "California's economic engine."
In closing his message, Reed expressed solidarity among all parties involved in the matter.
"We would like to ask all members of the CSU community to help us advocate for the California State University by writing to your legislators, talking with your friends, and making your voice heard about the importance of restoring our budget and protecting the state's investment in higher education. As the budget process proceeds, we will be asking you to join us in our efforts to ensure that the CSU gets the budget our students and California deserves."
In order to prevent the projected ten percent student fee increase, the CSU budget must accrue $73.2 million in addition to the already proposed $312.9 million cut.
"This funding reduction comes only three years after our budget was reduced by over $500 million during the 2002-03 and 2004-05 fiscal years, which led to significantly reduced student access, as well as a dramatic increase in student fees," Reed continued. "History will likely be repeated if the Governor's proposed CSU budget reductions are sustained by the legislature."
Reed stressed the vitality of CSU system and its direct impact on the economy.
"We play a major role in the state's workforce in the areas of nursing, teaching, agriculture, business, public administration, and engineering. The CSU returns $4.41 to California's economy annually for every $1 invested by the state. Given the state's General Fund condition, we believe investing in the CSU is a smart solution to address the state's fiscal deficit," he stated.
Reed called on Schwarzenegger to consider supporting alternative means less drastic to rectify the state's increased economic struggles and its effect on CSU, referring to it as "California's economic engine."
In closing his message, Reed expressed solidarity among all parties involved in the matter.
"We would like to ask all members of the CSU community to help us advocate for the California State University by writing to your legislators, talking with your friends, and making your voice heard about the importance of restoring our budget and protecting the state's investment in higher education. As the budget process proceeds, we will be asking you to join us in our efforts to ensure that the CSU gets the budget our students and California deserves."
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Joe Somebody
posted 2/13/08 @ 9:29 AM PST
Trim the fat: this budget needs to be cut. everyone always wants a balanced budget, but they're in it for their pocketbooks, shame shame shame.
the reality of the CSU system is that it needs to better use its funding. (Continued…)
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