CVV News-Posted: July 18, 2022
UC Merced will receive more than $53 million from the California budget passed by the legislature and signed by Gov. Gavin Newsom.
“These new allocations will help UC Merced and our community move even more boldly forward,” said Chancellor Juan Sánchez Muñoz. “We owe a great deal to Assemblymember Adam Gray, Sen. Anna Caballero, Assemblymember Jose Medina and others for their tremendous advocacy for our students, faculty and researchers during the budget process, and of course to Gov. Newsom, who has been a steadfast supporter of this university.”
Allocations to the campus include:
• $31.5 million this year for campus expansion projects, with the legislature promising to allocate the same amount in the 2023 and 2024 budgets, for a total of $94.5 million over three years.
• $18 million in funding for climate initiatives, and access to $100 million in seed and matching grants available across the University of California system.
• $3 million in ongoing funding for the Community and Labor Center, UC Merced’s newest organized research unit.
• $564,000, in a budget trailer bill, for a housing planning grant in coordination with Merced College.
Main budget story: https://ucm.edu/ooGixW
Community and Labor Center budget story: https://ucm.edu/POiL0w