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Sidebar: budget timeline

John Hornberg

Issue date: 11/18/08 Section: News
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Jan. 10 - Facing a potential $14 billion statewide budget shortfall for the coming year, Gov. Arnold Schwarzenegger proposed a $312.9 million budget reduction to the California State University.

May 14 - The governor's revision to his budget proposal restored $97.6 million of the proposed cut to the university system, making the total proposed reduction $215.3 million.

Sept. 23 - Almost three months after its due date, the California state budget was signed for the 2008-09 fiscal year, making the $215.3 million budget reduction official.

Oct. 23 - In response to a request from the state's department of finance on state organizations, CSU Chancellor Charles Reed said in a memo to all employees that the university system would be cutting $31.3 million from its budget for the coming year.

Nov. 6 - Facing a potential cash shortfall for the current fiscal year, Gov. Schwarzenegger called on the California Assembly to make moves to cut spending and increase revenue, including cutting the budget for the CSU by another $66.3 million.

Source: CSU Public Affairs

Article: "SJSU prepares for budget cut, plans for fewer class sections"
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