budget deficit

Chancellor Carol Christ announced Monday in a campuswide email that UC Berkeley reached a balanced budget, ending the $150 million deficit and also raised $1.2 billion in revenue from “two consecutive, record-breaking years of fundraising.”

Facing an anticipated budget shortfall of $16 million in Cal Athletics, former chancellor Nicholas Dirks authorized spending up to $20 million to close its deficit for fiscal year 2017.

The College of Letters and Science is aiming to reduce its budget deficit to $383,000 for fiscal year 2018, a target that will require a $203,000 reduction in expenses and a doubling of gift revenue from $50 million to $100 million.

Carol Christ became UC Berkeley’s 11th chancellor Saturday, stepping into the role at a critical juncture in the campus’s history.

Incoming Chancellor Carol Christ has completed her budget decisions for the fiscal year 2017-18 — decisions that must cut the campus’s $110 million budget deficit by nearly half.

Have you ever found yourself building a trap door? Or spending nearly a million dollars on a fence? If so, you may be Nicholas Dirks. At the Clog, we decided to copy #justgirlythings and make a #justdirksthings version for us UC Berkeley-goers to relate to.