Monday, September 24, 2018

Review of the Campus Budget Reveals Concerns for Resources - Juan Guitron, CSU Signal

The Department of Business and Finance held a campus budget review forum open to faculty, staff and students. The forum was led by Vice President/Chief Financial Officer Darrell Haydon who discussed how they plan to distribute the general operating fund. As explained by Haydon the baseline funding is mainly full-time equivalent student budget (FTS) provided by state appropriation. This fund is usually matched by the tuition revenue provided by enrolled CSU students. The budget may also include one-time funds provided by the state or over-enrollment; these are used to settle deficits and for part-time faculty because the funds cannot be counted on to pay for long-term plans. https://www.csusignal.com/stan_state_news/article_7de6d9c8-b603-11e8-ac54-3b61d729021d.html