How much does UCSC need to cut? How long will the cuts last?
UC Santa Cruz’s permanent cut in 2008-09 was $4.5 million. The campus also received a one-time, mid-year cut of $6 million, the majority of which was absorbed from campus central reserves. The 2009-10 State budgetsigned by the Governor on February 20, 2009reduces UCs State funding by $115 million. The University expects that these budget cuts will be permanent. UC Santa Cruzs share of this $115 million permanent reduction is about $7 million. In addition, the budget contains no funding for mandatory cost increases for employee compensation, benefits, utilities and building maintenance. These unfunded cost increases total at least $6 million, bringing UCSCs total budget shortfall for the 2009-10 fiscal year to $13 million.
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- How much does UCSC need to cut? How long will the cuts last?
