[ Post a Response | Long Beach State Sports ]
Stop ragging on Jane, you have no idea what a person in her role does 24/7/365 to make things better here. 
Previous Message
Since we have limited outside support from industry snd alumni, there are not many choices left. Raising tuition and fees is unfortunately one of the easiest and quickest route to overcome this financial challenge.
I am disappointed in Conoley’s inability to to see this when she got the position and push very hard tp get this alternative snd augmentative dollars. The horse is out of the barn and he inaction and lack of leadership is very costly. It has set our university back 40 years. Please do not let another leader like this run our treasured university. Previous Message
Then add in the dollars for the Los Angeles fires. Previous Message
The cuts are terrible, but are the effect of many of our state's policies. Job growth currently is only fueled by government jobs, private companies and their tax dollars continue to leave, high net worth individuals as well as retirees on government pensions have no reason to stay.
Whatever your stance is, the shortfall of $375 million is a tiny fraction compared to increases in homeless spending, immigration spending, drug spending, etc.
I would rather fund universities. Previous Message
Thanks for sharing Previous Message
Dear Beach Faculty and Staff:
With the January 10 release of the governor’s state budget proposal, fiscal planning for 2025-26 is now underway in earnest here at The Beach.
While the governor proposed a balanced budget, and revenue projections are above previous expectations, the CSU and UC are being asked to now take the 7.95% general fund reduction in 2025-26 that other state agencies realized in 2024-25. A 7.95% cut to the CSU’s general fund allocation equates to $375 million. For planning purposes, we expect CSULB’s share of this cut to be approximately $28 million — just under 5% of our total operating fund budget of $581 million.
The governor also proposed deferring Year 4 funding of the higher education compact until 2027-28, but has asked the CSU to continue to grow enrollment without the necessary funding in the interim. Needless to say, this is problematic.
Compounding our challenges is $10 million in new mandatory costs in the year to come: expenses like health benefit rate increases, property and liability insurance increases, utility cost increases, and new money set aside from the tuition increase for our State University Grant program.
To offset a portion of these fiscal pressures, we are projecting some new revenue. We anticipate the restoration of a one-time general fund cut from 2024-25 of $6.4 million. Also, there will be new tuition revenue of $17 million resulting from the previously approved 6% increase set by the system’s Board of Trustees.
The reality, however, is that our obligations exceed our revenue, leaving us with a structural deficit of approximately $15 million. Conversations about how to mitigate this deficit will begin in the coming weeks, with the divisions being asked for specific plans. Layoffs are not under consideration at this time. This past fall, we implemented a strategic hiring freeze to pause searches for vacant management and staff positions, with exceptions being granted on a case-by-case basis to ensure we continue to meet the needs of our campus community.
Between now and when the final state budget is approved in late June, we will join with the rest of the CSU to advocate for no budget cut and restoration of the higher education compact in 2025-26. More information about the advocacy efforts will be shared in the weeks to come.
I appreciate your engagement in these important matters so critical to our educational mission.
Jane Close Conoley, Ph.D.
President
Message Thread
« Back to index
on 1/31/2025, 8:22 am, in reply to "