Support for LAist comes from
We Explain L.A.
Stay Connected

Share This


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)
Stories like these are only possible with your help!
You have the power to keep local news strong for the coming months. Your financial support today keeps our reporters ready to meet the needs of our city. Thank you for investing in your community.

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."

In previous years UC relied on tuition increases to pull its budget out of the red but won’t be doing that this year.

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.