President John D. Welty, Fresno State
On Tuesday’s CSU Board of Trustees Finance Committee budget update
EDITORS: The California State University Board of Trustees Finance Committee will discuss options and alternatives to address the possibility of a mid-year “trigger cut” of $250 million to the system, if Gov. Brown’s tax initiative is voted down in November.
However, no vote is anticipated on budget proposals until September. President Welty will attend the committee and trustees meetings Tuesday, July 17, in Long Beach and will be available to local media Wednesday morning to discuss potential impacts at Fresno State.
For today, President Welty offers this comment:
“If the mid-year ‘trigger cut’ of $250 million becomes reality, the CSU board faces some very difficult choices. Unfortunately, the alternatives will involve shared pain for everyone.