The UC Santa Cruz Budget – A Bird's Eye View - Office of Planning ...

The Budget Outlook…The Outlook For 2006-07The State is faced with a continuing structural budget problem. To bring some fiscal stability to the university’s budget,UC, CSU, and Governor Schwarzenegger reached agreement on a funding “compact” in the spring of 2004. Thecompact outlines the state funding levels and institutional accountability for the two university systems over the nextseveral years.• Current Year. Despite State budget problems, the 2005-06 State Budget Act provided funds for salary and costof-livingincreases. It funded enrollment growth of 5,000 across the UC system and it supported the capitalprogram. Fees for undergraduate and graduate students were increased 8% and 10%, respectively.• Budget Year 2006-07. The 2006-07 budget proposed by the UC Regents includes modest new funding for salaryand other cost increases, funding for an additional 5,000 students across the system, an 8% increase inundergraduate student fees, and a 10% increase in graduate student fees. It also requests continued state supportfor the development of the new UC Merced campus. The university will be accountable for meeting the enrollmentobjectives of the Master Plan for Higher Education, student success and efficient use of resources, preservation offaculty workload policies comparable to other universities, ensuring that students have the classes they need tograduate in a timely manner, improving the supply of math and science teachers in California’s public schools, andfor strengthening programs that encourage student participation in community service.Information from the UC Office of the President can be found at: http://www.universityofcalifornia.edu/news/budget/.