Current Year Budget
The FY14 CSU Channel Islands budget provides an update on budget actions for the current fiscal year and details allocation recommendations that protect the core missions of teaching and scholarly activity.
The budget development process takes place at nearly every level within the university starting with initiatives and programmatic needs and ends with projecting campus-‐wide fixed costs such as benefit, insurance and utility increases. CI’s budgets are decentralized with divisional accountability to the President and the Chief Budget Officer of the university. While general guidelines for spending exist, divisions and units maintain considerable autonomy in managing their respective budgets.
The CSU System 2013-‐14 Support Budget provided for adjustments in enrollment growth, employee compensation, mandatory costs (benefits, insurance, etc.), technology and student access/success initiatives. The respective adjustments to CI are reflected in the 2013-‐14 budget except for employee compensation funding that is subject to collective bargaining activities currently underway at the CSU system office.
A Strategic Resource Planning Task Force (SRPTF) was appointed during 2012-‐13 as a subcommittee of the President’s Planning and Policy Council (PPPC) to begin to strengthen the relationship between campus planning and budgeting. The SRPTF is co-‐chaired by the Provost and the Vice President for Division of Business & Financial Affairs. The task force reviewed and discussed campus financials, planning assumptions including enrollment, and divisional requests were shared with the SRPTF. Information regarding the work of the task force may be found at the Strategic Resource Planning Task Force webpage.
As with the prior year and because of State fiscal constraints, no new capital funds were authorized from the State. However, as a growing campus with a variety of space, renewal and deferred maintenance needs, the campus requires these kinds of critical investments as reflected in the capital budget summary. Approved by President Rush August 2013