CSU: Public education funding prioritized in Gov. Newsom's 2019-20 budget proposal
According to California State University officials, the 2019-20 budget proposed by Governor Gavin Newsom Thursday prioritizes funding for the system.
"The $300 million ongoing increase in funding for the California State University (CSU) proposed by Governor Newsom will allow CSU to provide increased access to a high-quality education to more qualified students, continue to improve student achievement and reduce equity gaps," a statement from the CSU Chancellor's Office said.
In his January 2019-20 budget proposal, Governor Newsom proposed an ongoing increase of $300 million for the CSU to fund Graduation Initiative 2025, enrollment growth and employee compensation and mandatory costs.
“In his first budget proposal, Governor Newsom reflects his commitment to reinvesting in higher education and the California State University,” CSU Chancellor Timothy P. White said. “This marks the single largest proposed investment by any governor in the history of the university, and we are extremely appreciative of Governor Newsom’s bold investment in us.
The governor is also proposing one-time allocations of $247 million to assist the university in addressing a growing backlog of maintenance for aging facilities across the 23 campuses, and $15 million to help support the basic needs of students.
“Previous investments are paying off as student success across the CSU has never been higher," White said. "With the fifth-largest economy in the world, California continues to reap the benefits of those investments. Many of the more than 125,000 people who earn degrees from a CSU campus every year go on to become leaders in industry and their California communities."