Thursday, June 13, 2019

ASUCD could “financially collapse” in the next three years if measures are not taken - ALLY RUSSELL, California Aggie

The Associated Students, University of California, Davis is the undergraduate student government at the University of California, Davis. Over the past few years, ASUCD has accumulated a budget deficit of about $545,000. The deficit was exacerbated by income losses from the Camp Fire, policy decisions made by past Senate tables and executive officers, new fees imposed by the university and a statewide mandate to increase the minimum wage and stipend positions. Labor costs funded by ASUCD increased by about $200,000 due to a California-mandated yearly dollar increase to all minimum wage workers as well as an increase for positions with stipends. https://theaggie.org/2019/06/07/asucd-could-financially-collapse-in-the-next-three-years-if-measures-are-not-taken/