By Chelsea Galvez |Staff Writer| The California State University (CSU) Board of Trustees approved a budget increase of $269 million for the 2015-2016 school year last week as well as a three percent compensation increase for top CSU executives. The CSU budget proposal is now subject to the approval of Gov. Jerry Brown. The proposal spells out no tuition increase. The budget increase, as stated by the CSU budget proposal, was a measure necessary to cover mandatory expenses such as employee benefits, faculty pay increases, student success and completion initiatives, as well as infrastructure and maintenance improvements across all CSU campuses. “[The new budget] will prioritize … [Read more...] about CSU budget goes to governor approval
$269 million
CSU trustees review proposed plans
By Chelsea Galvez |Staff Writer| An increased budget plan request of $269 million for the 2015-2016 school year is expected to be approved by the California State University (CSU) Board of Trustees after a meeting on Nov. 12-13th. This budget request more than doubles Gov. Jerry Brown’s proposal of $119.5 million that was outlined in his multi-year funding budget for CSU. “The CSU, which spans the entire state of California, has an annual budget of more than $5 billion,” reported the CSU website. The CSU budget outline states that the increase is necessary for mandatory expenses such as retirement and health benefits for employees, a necessary two percent compensation pool increase … [Read more...] about CSU trustees review proposed plans
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