John Lloyd Budget Comm Chair CSU Financial Analysis Prepared by Howard Bunsis Chair AAUPCBC Professor of Accounting E Mich Provided testimony re CSU budget at FactFinders hearing on behalf of CFA ID: 1028963
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1. Budget ReportMarch 2016 John Lloyd, Budget Comm. Chair
2. CSU Financial Analysis Prepared by Howard Bunsis, Chair, AAUP-CBC, Professor of Accounting, E. Mich. Provided testimony re: CSU budget at Fact-Finder's hearing on behalf of CFA. Used KPMG audit numbers and numbers from CPP IRAR website. Financial statements of CPP Foundation and ASI. Download the report here.
3. Key TakeawaysFaculty have had little or no salary increases or SSIs since 2008. CSU and CPP have seen a tremendous increase in student enrollment. Increase in teaching load taught by lecturers since 2008. Student tuition/fees have increased since 2008. State appropriations have increased in last 5 years. Revenues from Foundation and ASI have increased. Structural deficit?
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