University of California President Michael V. Drake, M.D., today (Jan. 10) issued the following statement on Gov. Gavin Newsom’s proposed 2024-25 budget:
UC Regents recently approved the 2024-25 systemwide budget plan, which includes plans for salary increases, expects the state funding compact to continue, and continues the core funds deficit.
University of California President Michael V. Drake, M.D., today (Jan. 10) issued the following statement on Gov. Gavin Newsom’s proposed 2023-24 budget:
University of California President Michael V. Drake, M.D., today (Jan. 10) issued the following statement on Governor Gavin Newsom’s proposed 2022-23 budget:
The University of California is grateful to Gov. Newsom for his continued leadership and steadfast support of the University. The priorities he outlined today reflect our shared commitment to expanding the positive impact the University has on the lives of all Californians.
The University of California Board of Regents approved today (July 22) the Tuition Stability Plan to increase predictability for students and families, better support students with the greatest financial need and provide critical resources for UC campuses.
The Plan will begin fall 2022 and will not impact current UC undergraduates or incoming 2021-2022 undergraduates.
A version of this article originally appears in Dateline on Jan. 12, 2021
Budget reduction options under discussion since last month are off the table, Chancellor Gary S. May and Provost and Executive Vice Chancellor Mary S. Croughan said Monday (Jan. 11), attributing the decision in part to new federal stimulus money and the proposed state budget.
Economic impacts from the COVID-19 pandemic have so far added up to a $210 million hit to the UC Davis budget—with the potential for losses to grow. Campus budget leaders have announced strategies to address and mitigate these financial challenges, with principles that require shared sacrifice, but emphasize protecting employees from indefinite layoffs and continuing to support student academic success.
We are considering a variety of options for the UC Davis Jobs Protection Program and we have proposed several additional budget mitigation strategies.
Chancellor Gary S. May released a statement on November 23, regarding campus-specific fiscal planning related to systemwide guidelines put forth by UC President Michael V. Drake.
