CSUBroke: Deficit skyrockets to $17.6 million– CSUB faces worst budget scenario

CSUBroke: Deficit skyrockets to $17.6 million– CSUB faces worst budget scenario

Cal State Bakersfield’s financial deficit has skyrocketed from $12 million to $17.6 million in the last four months. CSUB announced a $12 million deficit in November 2024, which represented the 7.9% cut the governor made to every CSU. The new, larger, deficit reflects a further increase of nearly 50%.  CSUB administration has put the number at $17.8 million in past communication with The Runner.  “In 2022, the governor and the CSU agreed to a mu…