The campus has unveiled its response to an imposing financial crisis with its 2017-18 budget, highlighted by more than $15 million in cuts to academic, research and administrative expenses. UC Berkeley administration touted a model that relies on revenue generation — which makes up 52 percent of the gap between a $110 million budget deficit and the goal of a $57 million deficit.
http://www.dailycal.org/2017/08/10/campus-unveils-revenue-driven-budget-which-cuts-15m-from-academic-research-administrative-divisions/