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Source: Governor’s Budget
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URPC Budget UpdateJanuary 29, 2016
CA Governor’s Budget• Reflects ongoing economic recoveryo Projects economy will continue to grow in 2016 and 2017
• Conservative due to potential for recession in a few years
• Prioritizes reserves and one-time spending with discretionary resources
Source: 2016-17 Governor’s Budget
Source: 2016-17 Governor’s Budget
Source: 2016-17 Governor’s Budget
Governor’s Budget Discretionary Spending ($7.3 billion)
Source: LAO’s 2016-17 Overview of the Governor’s Budget
$3.1$2.3
$.8$1.1 (in
Billions)
CSU & UC
Governor’s Budget for CSU+$140.4 million General Fund Increase
•$125.4 million (4%) multi-year plan increase•$15 million from changes to Middle Class scholarship program•Tuition must remain flat
+$35 million (one-time) for deferred maintenance+$35 million (one-time) for cap and trade energy projects
$101 million short of CSU Support Budget Request•Impact: Very limited discretionary funding
Source: CSU 2015-16 Budget Planning Slide
2016-17 CSU Support Budget Request
What it means for HSU• Minimal discretionary funding available
• Covers mandatory cost increaseso 2% compensation poolo Retirement and health benefit increases
• 1% funded enrollment growth
Cabinet Priorities: New Allocations
Strategic
Priori-ties
Main-tain &
Improve Assets
Con-tin-
gency
Strategic Budgeting•Advance the Strategic Plan
•Invest in Institutional Assets
•Sustain the future (Contingency and Reserves)
President’s Charge to URPCDevelop a strategic budgeting approach that aligns resource allocations with strategic planning by the end of the 2015-16 academic year. •A set of guiding principles for strategic budgeting, including definitions and guidelines for budget categories; (Finalizing)
•Proposals for appropriate policies to support strategic budgeting; (Need to do)
•A recommended framework for evaluating existing base budgets (Need to do)
•Recommended processes that integrate institutional data and assessment with resource requests; and (Lisa C.’s Workgroup)
•A revised proposal for a reserve policy. (Need to do)
Next StepsCabinet•Develop 2016-17 Budget
URPC•Continue to build out strategic budgeting framework
Budget Planning Focus as We Move Forward
•Five year planning horizon->Need to shift to planning for two years out
•Convergence of strategic plan and strategic budgeting
•Budget is still incremental->Need to link to strategic categories
2 Year Concept
16-17
17-18
18-19
19-20
20-21
Plan 18-19
19-20
20-21
21-22
22-23
Reaffirm 18-19
19-20
20-21
21-22
Implement