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Regents hear broad boost to UC funding in governor’s budget but warn of out‑year risks
Summary
University of California officials told regents the governor’s January budget would raise UC state appropriations to about $5.3 billion (a reported $350 million increase, or 7%), restore a 3% deferral and include one‑time back payments — but presenters warned of projected multiyear state deficits that could threaten those gains.
University of California leaders briefed regents on the governor’s January budget introduction, calling it “one of the strongest budgets for the University of California” in decades while cautioning that multiyear state revenue risk could imperil the gains.
Nathan from the Office of the President said the governor’s package would increase state appropriations for UC to about $5.3 billion, which he described as a $350 million, or roughly 7 percent, increase over the prior year and would restore a 3 percent deferral from the current year. “We are extremely grateful for the strength of this budget proposal,” Nathan said, while adding that the administration and the legislature will want to watch revenue scenarios closely.
Kain, presenting slides,…
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