UC Board of Regents committee approves $27 billion UC budget

A committee of the UC Board of Regents approved the university’s almost $27 billion budget for the 2015-16 academic year during its meeting at UCSF Wednesday. The budget, which includes a $459 million increase in proposed revenue and expenditures, incorporates additional funds from the state government and a proposed fee increase. The plan proposes the university spend about one quarter of those funds on mandatory cost increases, with the rest invested in academic quality, enrollment growth and high-priority costs such as deferred maintenance.
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