UC chief lays out 'draconian' budget cut plan

Budget cut proposals

UC President Mark Yudof will propose that the governing Board of Regents close an $813 million gap as follows:

-- Campus reductions: (40 percent or $325 million) It will be up to the 10 campuses to decide how to cut. Some have already axed programs and courses. Layoffs are expected.

-- Furloughs/pay cuts: (25 percent or $203 million) 80 percent of employees would have to take unpaid time off. No furloughs during class time.

-- Student fee increases: (25 percent or $203 million) Although no new fee hikes are proposed, fees have been raised twice this year, 10 percent each time.

-- Systemwide belt tightening: (10 percent or $82 million) This would include debt restructuring and other adjustments.

The regents will meet from Tuesday through Thursday at UCSF-Mission Bay. They will vote on Thursday.


http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/07/11/BA5D18KG4E.DTL&type=education