Wait and See

We posted earlier about general plans for the state budget by the legislative Democrats which promise "more" for higher ed and UC than the Legislative Analyst's projections seemed to imply.  It is unclear if there is more than what the governor will propose in early January.Below are two slides from a presentation by the legislative … Continue reading Wait and See

We Got a Mention

Maybe not so fastAn earlier post on this blog described the recent Legislative Analyst's Office (LAO) report that projected that, with a combination of continued economic growth and Prop 30 revenues while they are in effect, California's "structural" deficit had ended.  We also noted that included in the LAO projections was what me termed an … Continue reading We Got a Mention

New Normal for UC in the UCLA Anderson Forecast

Above are two charts from yesterday's UCLA Anderson Forecast. [Click on them to enlarge and get a clearer image.]  There is a much overused phrase nowadays: the "new normal."  But when you combine those two charts with the chart below (slightly modified) from the recent Legislative Analyst's report on the state budget outlook, the phrase … Continue reading New Normal for UC in the UCLA Anderson Forecast

We’re Not Alone in Pointing to the Risks of Open-Ended Capital Projects

Vannevar BushFrom: The Endless Frontier: Reaping what Bush Sowed?  by Paula Stephan (pp. 33-34)*NBER working paper 19687 (Nov. 2013) Excerpt: Overexpansion of research facilities In recent years, universities have gone on a building binge, constructing a substantial amount of new research space which led to a 30 percent increase in net assignable square feet for … Continue reading We’re Not Alone in Pointing to the Risks of Open-Ended Capital Projects

Lessons from Berkeley’s White Elephant Stadium for UCLA, the Regents, and UC?

People keep noticing Berkeley's White Elephant money-draining stadium - one of the grand capital projects that the Regents routinely approve based on pretty slides and business plans offered by the campuses.  Peter Schrag in the San Francisco Chronicle today ties the low graduation rates of Berkeley athletes with the stadium:...Fueling the... issue is the chronic … Continue reading Lessons from Berkeley’s White Elephant Stadium for UCLA, the Regents, and UC?

Maybe the Regents Finally Got the Attention of the Governor on the UC Pension Issue

We noted in a post yesterday that the LAO was forecasting rosy budget times ahead for the state but nonetheless seemed to want a budget freeze for UC.  Today, the news media are full of statements by Gov. Brown warning the legislature not to party and to behave frugally. We also noted in prior posts on … Continue reading Maybe the Regents Finally Got the Attention of the Governor on the UC Pension Issue

LAO Puts Higher Ed in the Freezer

The Legislative Analyst's Office (LAO) released its budget outlook for the coming year and the next few years.  Good cheer generally, except for higher ed.  Revenue is up more than projected.  (Recall the governor insisted on "conservative" forecasts last June.)  Spending is up, too, but the net points to a rising state reserve.  Indeed, the … Continue reading LAO Puts Higher Ed in the Freezer

Listen to Regents Meeting of Nov. 14, 2013

The November 14 meeting of the Regents opened with public comments.  These included concerns over staffing and safety at UC hospitals, a Berkeley city councilman who called for pension caps on high-paid UC executives, students advocating fossil fuel divestment, concerns about student costs and debt, and spending on “amenities” for students at UC.The Committee on … Continue reading Listen to Regents Meeting of Nov. 14, 2013

Listen to the Regents Morning Session: Nov. 13, 2013 (including the Napolitano speech)

As noted in prior posts, yours truly is out of town and behind on listening to, and recording, the Regents meeting.  I am now current through the morning of Nov. 13.  That was the morning in which UC president Napolitano gave her speech on her goals for UC.  Blog readers will recall that there was … Continue reading Listen to the Regents Morning Session: Nov. 13, 2013 (including the Napolitano speech)