Financial Transparency
2024 - 2025: Where We Are
$400M Operating Budget
Cal Poly Pomona’s budget is funded through tuition and state appropriation.
$4.2M Deficit
We began with a $24.5 million deficit. Using one-time funds, we anticipate a $4.2 million budget deficit.
22,172 FTES* Enrollment
The CSU system expects enrollment to grow at Cal Poly Pomona.
*Resident full-time equivalent students.
2024-2025 Financials
Our budget outlines the sources of funds (revenues) and uses of funds (expenses). Revenues are allocated to the divisions for instruction, student services, programs, institutional support and operations.
Sources of Funds
The chart to the right shows our sources of funds: State Appropriation (54%), Tuition and Fees (45%), and Projected Deficit (1%).
Incremental Budget Plan
[1].
Our incremental budget plan refers to the amount of revenues and expenses above prior year’s amounts. Before accounting for average savings such as employee turnover, we show a $24.5M funding gap.
Fig. 1
[2].
A more realistic projection accounts for a 3.5% saving from employee turnover (average is 3-5%) and mandatory costs that can be covered with reserves.
Fig. 2