Legislative Analyst's Office (LAO) concerning the University of California's budget for the fiscal years 2024-2025
The Legislative Analyst's Office (LAO) recommendations' potential impacts on the University of California include adjustments in funding strategies, enrollment planning, and capital project financing.
The rejection of proposed funding deferrals, the maintenance of flat enrollment targets, and the reclamation of unspent funds might lead the UC to face a tighter fiscal environment. The LAO recommends that the Legislature pause the three planned projects and remove a $22 million ongoing General Fund from the UC’s budget. The LAO advises against proceeding with the UC Merced Medical Education Building at this time, despite the UC having entered into a construction contract for this project, as bonds have not yet been sold. Read the full report, The 2024-25 Budget: University of California.