CSU's Spending Could Increase By $700M Over Next 4 Years
LONG BEACH (CBSLA.com) — After five years of layoffs, fee hikes and cuts in admissions, the Cal State University system is getting more money to spend.
Over the next four years, the system's spending could increase from $2 billion to $2.7 billion, according to Robert Turnage, the CSU assistant vice chancellor for budget.
The system's proposed financial plan, which is based on projections from Gov. Jerry Brown's budget, calls for $125 million more in spending next year, followed by additional increases over the next three years, according to KNX's Ed Mertz.
CSU's Budget To Grow
Cal State trustees Tuesday are expected to discuss how the additional money will be spent, but Turnage says it could be used to add 6,000 students, hire instructors and provide more classes.
As for pay raises, they would have to be negotiated, but even if everyone in the CSU system received a raise, it would average 1.2 percent.
Officials say there will be no proposed fee increases for students next year.
