University of California leaders have agreed to hold tuition at 2011-12 levels if Gov. Brown’s tax initiative passes on the November ballot, KQED’s Ana Tintocalis reports. In addition to making the tuition commitment, a committee of the UC Board of Regents also formally endorsed the tax measure.
Here’s background from Associated Press:
Under the recently adopted state budget, funding for the 10-campus system would remain stable this fiscal year and increase by $125 million next year – if the university doesn’t raise tuition and voters approve Brown’s tax plan.
But if the initiative fails, UC would face a midyear budget cut of $250 million.
You can follow The Daily Californian’s live blog or tweets from the meeting: