Berkeley

Just as the University of California, Berkeley, drank the bitter medicine of $500 million in proposed cuts for the U.C. system in Gov. Jerry Brown’s first budget proposal, it now faces the possibility of $1 billion in cuts, plus likely reductions in federal funding, on which it has come to depend.

Those $500 million in cuts would amount to about $70 million to $80 million in cuts from U.C. Berkeley’s annual budget, said John Wilton, Cal’s vice chancellor for administration and finance. Combined with about $40 million in “unavoidable cost increases” from benefits payments and utility bills, Wilton said, the university has had to find a way to cut its budget by $110 million to $120 million. BizJournal