The CSU submitted its 2001-02 budget request to the Governor last fall seeking $364 million in increased resources: $122 million for 6% employee salary increases, $62 million for 3% enrollment growth; $43 million for K-12 academic preparation, $19 million for graduate FTE conversion, $18 million in mandatory costs, $16 million for state supported enrollment; $15 million for technology; $12 million for student services improvement, $ 8 million for deferred maintenance and libraries, $49 million for new campuses, high cost programs, and several other special CSU initiatives.

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Compensation

The May Revise supports the CSU with a $40.8 million increase for a 2% compensation pool for all employees, which is down from the 4% provided in the Governor's January Budget and the 6% originally proposed by the Board of Trustees.

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Enrollment

Enrollment is the second largest component of the budget increase. For 2001-02 the budget includes funding for a 3% systemwide enrollment growth equaling 303,878 full- time equivalent students (FTES). This increase of 8,760 FTES is consistent with post-secondary enrollment projections provided by the Department of Finance. For Long Beach, our 2001-02 enrollment target has been set at 24,000 FTES, which is a 1,175 FTES (5.1%) increase over the current year enrollment target and 906 FTES over this year's actual enrollment. The campus has also been assigned a target of 1,145 FTES for the state-supported summer term in 2001.

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Preliminary Campus Allocation

The Chancellor's Office issued preliminary campus budget allocations in March 2001 reflecting a $24 million general fund increase for Long Beach. As in past years, some local carryover savings from the prior year as well as anticipated higher collection of revenues will be added for campus budget planning process bringing the total general fund increase to approximately $30 million. About one half of the new funds have been earmarked or reserved for specific expenditures.