I have sent a letter to the CSU Chancellor regarding the $305 million of funds restored in the Governor's proposed budget he presented on January 8th.  Next week the CSU board of Trustees meets and will review the CSU budget: calstate.edu/bot/agendas/index.shtml

There is not a lot of breaking news on the state budget but some factors that impact it are evolving and there is hope the economy is picking up.

The Governor has now created the July Revise to the state budget crisis and called yet another special session. 

This post is a copy of the letter from Chancellor Reed to the Budget Conference committee. If you want to see the original letter go to this link:

blogs.calstate.edu/budgetcentral/wp-content/uploads/2009/05/CBR-Evans-Ducheny-ltr-5-27-09-Conf-Comm-Deliberations.pdf

This is a brief update of the state budget situation and the impact on the CSU and CSUEU represented employees.  We have been advised that the Governor will present another May revise this coming Thursday, May 28th. 

The few months ahead will be busy with the impacts of the ongoing budget crisis.  Below I have reported the most recent events that set the stage for the CSU budget after the special election and what impacts we may have to deal with in the near future.

The state is starting a new year and budget cycle with the current budget year problems unresolved.  The impacts continue to mount on the state.

Sacramento Bee cartoonist Rex Babin has come up with a solution for the CSU budget troubles.

The state budget continues to take twists and turns.  The Governor has now called a special session to deal with the crisis.  Part of his solution is a mid year cut to the CSU of $66 million.  This posting gives an overview of the current budget problem and some resources to understand the crisis, the impacts and some solutions.

The State Budget Battle for 2008-2009 is over with the Governor signing the budget yesterday. The budget solves little and merely gets the state by for another year. The projections for next year indicate at least a $1.6 billion shortfall and the current budget assumes $5 billion in borrowing from the state lottery.