- Author: Pamela Kan-Rice
Patrick Lenz, the University of California system’s vice president for budget and capital resources, made the following statement today (May 14) after Gov. Jerry Brown presented his revised state budget proposal for 2013–14:
“With this proposal, the governor is continuing his multi-year funding commitment to increase the University of California by 5 percent in the 2013–14 fiscal year and then 5 percent, 4 percent, and 4 percent in the subsequent fiscal years. In addition, the administration is continuing its support for UC restructuring debt to achieve $80 million in annual savings. Those savings will provide not only the additional fiscal stability to meet UC mandatory costs, but also funding to re-invest in the quality initiatives that will support the governor’s plan for additional performance outcome measures. The governor has withdrawn his 150 percent unit cap on state subsidized courses that would have impacted 2,200 UC students in the 2013–14 academic year.
“UC will continue working with the governor and the Legislature to address critical funding needs, such as a $15 million budget augmentation for the UC Riverside School of Medicine, a capital facilities funding plan to provide student access and address seismic retrofit, and funding for the state’s employer retirement contribution.”