Schwarzenegger signs budget
September 19, 2008 3:33 PM
SF State faculty, staff and students may collectively sigh in relief since Gov. Arnold Schwarzenegger signed a $103.4 billion spending plan today, ending the longest budget delay in California's history.
Leroy Morishita, vice president and chief financial officer of administration and finance at SF State said prior to the budget's passing that the university officials would be pleased if the budget, which had been on hold for 84 days today, passed
“We definitely need a state budget,” he said. “We need to get the financial aid to students and cover the cost that it takes to run the university.”
Morishita added that the money allotted to the CSUs in the current plan comes from the governer’s “maybe box” which constitutes a more generous allotment than previous proposals.
However, Morishita expressed concern over unresolved issues that may negatively affect future budgets.
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