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Regents committee reviews 2025 state budget, deferrals and systemwide budget recommendations
Summary
Presenters summarized the 2025 state budget act (SB101 and AB102), the university’s fiscal position including deferrals and a $4.9 billion state general fund allocation for UC, and preliminary recommendations from a systemwide budget management work group to strengthen campus financial practices.
Presenters briefed the Finance and Capital Strategies Committee on the final 2025 state budget act and on preliminary recommendations from a systemwide budget management work group focused on campus fiscal practices. Committee members were told that Governor Newsom signed SB101 and AB102 on June 27 as part of the 2025 budget act. The presentation said the state budget totals about $321,000,000,000 in expenditures with roughly $228,000,000,000 in state general fund spending; the state was reported to hold about…
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