Congress has cut federal funding for public media — a $3.4 million loss for LAist. We count on readers like you to protect our nonprofit newsroom. Become a monthly member and sustain local journalism.
UC Regents To Consider $80 Million Budget Cut
University of California President Janet Napolitano addressed the UC Board of Regents during its May 21, 2020 meeting. (Screenshot from University of California Board of Regents)
()
The Regents of the University of California are set to vote Thursday morning on an $80 million budget cut.
A drop in state revenues caused by the coronavirus pandemic led Sacramento to slash UC’s funding by nearly 13% for the 2020-2021 fiscal year. UC President Janet Napolitano has proposed an $862 million budget, an 8.5% reduction from last year's $941.7 million spending plan.
Napolitano's plan mitigates some of the overall funding loss from the state with $20 million from the discretionary UC Presidential Endowment Fund.
The UC system lost $1.5 billion in revenue between March and June of this year alone because of the pandemic. Here's how Napolitano's office puts it a summary to the Regents.
Support for LAist comes from
"Approximately two-thirds of this amount was attributable to the University’s academic medical centers and clinical operations, where the diversion of resources towards treating COVID-19 patients limited the ability to deliver other revenue-generating patient services. The remainder was primarily due to refunds of student housing and dining contracts, along with other auxiliary enterprises (e.g., athletics) where revenue declined as a result of curtailed campus operations."
UC staff have warned that the budget cuts could limit the amount of money campuses can use for COVID-related costs.
Our news is free on LAist. To make sure you get our coverage: Sign up for our daily coronavirus newsletter. To support our nonprofit public service journalism: Donate now.
As Editor-in-Chief of our newsroom, I’m extremely proud of the work our top-notch journalists are doing here at LAist. We’re doing more hard-hitting watchdog journalism than ever before — powerful reporting on the economy, elections, climate and the homelessness crisis that is making a difference in your lives. At the same time, it’s never been more difficult to maintain a paywall-free, independent news source that informs, inspires, and engages everyone.
Simply put, we cannot do this essential work without your help. Federal funding for public media has been clawed back by Congress and that means LAist has lost $3.4 million in federal funding over the next two years. So we’re asking for your help. LAist has been there for you and we’re asking you to be here for us.
We rely on donations from readers like you to stay independent, which keeps our nonprofit newsroom strong and accountable to you.
No matter where you stand on the political spectrum, press freedom is at the core of keeping our nation free and fair. And as the landscape of free press changes, LAist will remain a voice you know and trust, but the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news from our community.
Please take action today to support your trusted source for local news with a donation that makes sense for your budget.
Thank you for your generous support and believing in independent news.
Chip in now to fund your local journalism
(
LAist
)
Trending on LAist
-
After rising for years, the number of residential installations in the city of Los Angeles began to drop in 2023. The city isn’t subject to recent changes in state incentives, but other factors may be contributing to the decline. -
The L.A. City Council approved the venue change Wednesday, which organizers say will save $12 million in infrastructure costs.
-
Taxes on the sale of some newer apartment buildings would be lowered under a plan by Sacramento lawmakers to partially rein in city Measure ULA.
-
The union representing the restaurant's workers announced Tuesday that The Pantry will welcome back patrons after suddenly shutting down six months ago.
-
If approved, the more than 62-acre project would include 50 housing lots and a marina less than a mile from Jackie and Shadow's famous nest overlooking the lake.
-
The U.S. Supreme Court lifted limits on immigration sweeps in Southern California, overturning a lower court ruling that prohibited agents from stopping people based on their appearance.
Best of LAist