Common use of BUDGET NOTES Clause in Contracts

BUDGET NOTES. COLA The 1.07% COLA is be applied to the community college apportionments. This increases the SCFF component rates and many categorical programs. Deferrals Two deferrals (June to July) were included in the budget; $446 million was deferred (on paper) from June to July 2024 and $244 million will be deferred from June to July 2025. Prop. 98 Reserves Withdrawal of $788 million from the Prop. 98 Reserves to cover costs in 2023-24. Student Centered $100.2 million supports the COLA as applied to the SCFF. SCFF technical adjustments based Funding Formula (SCFF) After adjustments, total SCFF funding would be about $9.6 on estimates of FTES plus billion. supplemental and success metrics Enrollment growth $28 million ongoing funding is provided to support 0.5% growth. Categorical Programs Funding for several categorical programs is increased by the 1.07% COLA. These include: Adult Education, Extended Opportunity Programs and Services, Disabled Students Programs and Services, Apprenticeships, CalWORKS Student Services EOPS; DSPS; CalWORKS Student Service; Apprenticeship; Cooperative Agencies Resources for Education (CARE); Childcare Tax Bailout; Mandates Block Grant (adjusted by COLA and enrollment). Nursing Program $60 million one-time funds to expand nursing program Not new funding, but redirected from Expansion and Grant Program capacity and $5 million one-time funds to support educational pathways for low-income homecare and childcare workers are earmarked from the Strong Workforce Program for these purposes. $60 million per year for five years is also earmarked to establish the Rebuilding Nursing Infrastructure Grant Program Strong Workforce. Part-Time Faculty $200 million ongoing funding for PT Faculty healthcare Total funding for PTHC is $200.5 Programs continues. PT Faculty compensation funding continues at $26.5 million and PT Faculty office hours funding continues at $23.6 million ongoing funds. The Office Hours reimbursement amount is increased to up to 90% of employer costs, while funding is available. million. Full-time faculty hiring No new funding proposed; program would remain at current funding level of $150 million ongoing. Student Housing A statewide lease revenue bond program is included in the budget, which authorizes the State Public Works Board to issue $804.7 million in revenue bonds to support 13 approved community college affordable student housing projects. Other projects that do not fit within the parameters will be funded with redirected annual rent subsidy funds from the $61.5 million from the Higher Education Student Housing Grant Program funds. FAFSA $20 million one-time funds included to assist colleges with administering FAFSA due to unplanned challenges. Prior Learning Pathways $6 million one-time funds allocated for grants to establish policies to award credit for prior learning or develop a framework to institutionalize the practice. Linked to Mapping Articulated Pathways for Credit for Prior Learning Demonstration Project. State Operations Chancellor’s Office funding is cut by 7.95%, consistent with across-the-board cuts to all state agencies. Approximately $700,000 Reporting on Projected By Nov. 1, 2024, district-by-district reporting on funding Report from Chancellor’s Office to Funding Levels projections for the next three years, summer enrollment, changes to performance metrics, and projections based on potential changes to supplemental allocation within SCFF. Legislature. Compact / Base Funding 5% increase ($227.8 million) to ongoing base budget as per compact agreement for 2024-25 plus one-time cut of $125 million. The 5% increase ($240.8 million) expected for the Early Action deferrals for UC funding rescinded in final budget agreement. 2025-26 year will be deferred to 2026-27 and repaid in that year. The 2026-27 compact funding would be deferred to 2027-28. Intent language for out-year deferrals Enrollment $31 million provided to offset revenue reductions associated with replacing nonresident students with California resident students. For 2025-26, $31 million expected for this purpose will be deferred to 2026-27 and repaid in that year. For 2026-27, this funding would be deferred to 2027-28. State Operations Base operations funding cut of 7.95% starting in 2025-26. $252 million ongoing funding cut UC Labor Centers No funding cut to the UC Labor centers; proposed $13 million funding cut was rejected in the final agreement. Time, Place, and ▇▇▇▇▇▇ As a condition for receiving $25 million in state funding, all Policy UC campuses will need to prepare campus climate notifications to all students prior to the fall 2024 term. They should include the campus’s Time, Place, and Manner Policy, which identifies allowable parameters of free speech activities and the campus; the Student Code of Conduct, which identifies acceptable student behavior; and relevant state and federal laws, which delineate legal and illegal activities; the systemwide Nondiscrimination Policy, which ensures compliance with Title VI and Title VII of the Civil Rights Act of 1964; and other processes and policies relating to the balance of freedom of expression with student, staff, and faculty safety and access to educational opportunities. UC College of the Law $2.2 million increase to ongoing funding to support operating costs Capital Outlay Anticipated $300 million one-time General Fund support for an Institute for Immunology and Immunotherapy at UC Los Angeles is not funded. Graduate Medical $13.5 million ongoing funding cut from state General Funds Education to backfill declining Proposition 56 revenue; the leaves $40 million in total funding for graduate medical residency slots. Professional One-time reversion of $5 million General Fund previously Development provided to support the Equal Opportunity Practices and Professional Development for UC Faculty in the 2021 Budget Act. $75 million. The 5% increase ($252. million) expected for the 2025-26 year will be deferred to 2026-27 and repaid in that year. The 2026-27 compact funding would be deferred to 2027-28. Early Action deferrals for UC funding rescinded in final budget agreement. Intent language for out-year deferrals State Operations Base funding cut of 7.95% starting in 2025-26 $322 million ongoing funding cut Time, Place, and Manner Policy Requirement for all CSU campuses to prepare campus climate notifications to all students prior to the fall 2024 term. They should include the campus’s Time, Place, and Manner Policy, which identifies allowable parameters of free speech activities and the campus; the Student Code of Conduct, which identifies acceptable student behavior; and relevant state and federal laws, which delineate legal and illegal activities; the systemwide Nondiscrimination Policy, which ensures compliance with Title VI and Title VII of the Civil Rights Act of 1964; and other processes and policies relating to the balance of freedom of expression with student, staff, and faculty safety and access to educational opportunities. CalSTRS 19.10% 19.10% 19.10% 19.10% 19.10%