****PLEASE GIVE WIDEST DISTRIBUTION****
April 7, 2009
TO: The UCSB Campus Community
FR: Cynthia Cronk
Director of Human Resources
RE: The UC Budget: Myths and Facts
As the University of California confronts the challenges brought about by the global economic crisis and the downturn in state funding, questions
about the university¹s budget are frequently raised. In response, the UC Office of the President has prepared a fact sheet that answers these
frequently asked questions and addresses a number of myths about the funding of the university's operations. The Office of the President has
asked that this information be shared widely with all faculty and staff members across the UC system. The fact sheet can be accessed at the address below.
http://hr.ucsb.edu/admin/pdf/Budget-Myths-and-facts.pdf