6440 University of California
Major Program Changes
  • The University of California (UC) will receive an increase of $90 million General Fund for base operating costs, which can be used to address costs related to retirement program contributions. UC will also receive $5.2 million General Fund for retired annuitant benefits.

  • UC's General Obligation bond debt service payments will be included in UC's base budget beginning in 2012-13. No further augmentations will be provided. Similarly, the state will not provide additional funds for UC's lease revenue debt payments beyond 2012-13.

  • The various earmarks and set-asides in UC's support budget have been eliminated in 2012-13, to give UC the flexibility to prioritize its resources to address the significant budget reductions in recent years. The Governor's Budget proposes to shift $5.0 million General Fund for the California Subject Matter Projects from UC to the State Department of Education to ensure that the funding is identified for federal matching requirements.