Graphic by Mikayla Moore-Bastide

Drastic declines in the 2020-21 budget update

A quick and easy breakdown of how the university was impacted by budget cuts.

A quick and easy breakdown of how the university was impacted by budget cuts.

The budget for this academic year was released on Sept 15. There are two sets of budgets laid out, the University Operating Fund and the All Funds Budget. Each budget provides the expenditure and revenue breakdown.

The All Funds budgets dates back to the 2015-16 academic year to display all changes that the budget had gone through throughout the last five years.

Both the Expenditure and Revenue All Funds budgets have significantly decreased in various ways.

The budget released this past week does not reflect any Center Activities, Center Arts or HSU dining services funds.

The revenue budget, is based on how Humboldt state University receives its money, is $164.6 million. According to the 2020-21 All Funds Revenue budget, this was decreased by $58.2 million. This is the first major decrease since 2015 and the lowest the budget has ever been since the last recorded academic year, 2015-16.

Educational Appropriations, which is just another way of saying state and local funding, make up over 50 percent of HSU’s revenue. The amount of appropriations received for the 2020-21 academic year is $85.6 million, resulting from a $5.1 million decline. This is the first reduction recorded since the 2015-16 academic year.

A quarter of the revenue comes from higher education fees, which includes tuition, student health, AS fees, graduation fee, etc. This portion stands at $42.2 million which is an $8.2 million decrease from last year. This could be the result of COVID-19 causing drops in enrollment.

The expenditure budget, which is the budget based on what the university will spend their money on, is $180.5 million. According to the All Funds Expenditure budget, this was decreased by $43.8 million. This is the first reduction in the budget since 2015 and the lowest the budget has been since the last recorded academic year, 2015-16.

The salaries and wages of HSU employees reflects 44.5 percent of the budget. These include not just tenured professors and lecturers but also department chair members, assistants, teaching associates, support staff and the university president.

The Regular salaries and Wages budget did have an overall decrease of $8.9 million. With the budget dropping across the board, the president managed to increase his salary by $10,000.

This is also the first time the revenue budget was significantly smaller than the expenditure budget since 2015. The usual trend is having the numbers very close in amount with a maximum $5 million gap. This year’s budget has a $15.9 million gap.

Share This Post

Share on facebook
Share on twitter
Share on email
Share on reddit

More Stories

Photo by Abraham Navarro | Cowboy Daddy's Drummer and Keyboard player Conner West, 25, and guitarist Skye Freitas, 24, jam out at the Gutswurrak Student Activity Center on April 28.

Local bands rock the Gutswurrak

by Ione Dellos Band members wait in front of the bathrooms, eyes anxiously fluttering from the stage to the growing audience in the Gutswurrak Student Activities Center. After the deepest sigh one could possibly take, they make their way to

Travis Allen pole vaults at the Green and Gold Track Event on Feb. 12 Photo by Morgan Hancock.

Athlete’s outperform at decathlon

by Carlos Pedraza The Cal Poly Humboldt Track and Field team participated in the Stanislaus State Multi-Event from Thursday April 7 to Saturday April 9. The team participated in over 10 different events, all of which were multi-day involving different

Photo by Morgan Hancock | Izzy Star hits a home run in final softball game of the season at the Bear River Recreation Center in Loleta, California on Saturday, April 30.

Cal Poly Humboldt plays its last softball game of the series

by Eddie Carpenter On April 30, Cal Poly Humboldt Softball played the last two games of their series against Cal State San Marcos. Due to weather conditions, the softball games had to be relocated to the Bear River Recreation Center

Be First to Comment

Leave a Reply