02/03/2026
UCLA Budget Crisis
KNOW YOUR FACTS
CFO Agostini alleges faculty growth as primary cause of deficit says faculty salaries represent largest share of budget.
FALSE
Core teaching and research units are NOT the source of major deficits.
Athletics shown to have an annual deficit of $80 million for three years.
Admin staff has increased more than academic staff during FY21-FY25.
LACK OF TRANSPARENCY
CFO created new fiscal categories without providing context; reducing rather than enhancing clarity.
CFO continues to withhold crucial budget details despite repeated requests.
Chancellor Frenk and EVCP Hunt claim to have provided budget details.
Senate leadership refutes claim in Corrections of Fact Letter dated 1/20/26.
CPB had to manually transcribe limited information from PPTs lines by CFO Agostini and APB
⭐️WHAT CAN YOU DO?⭐️
Attend the LgA Meeting via Zoom This Thursday, February 5, 2026
Council on Planning an Budget (CPB)
Report on UCLA’s Structural Deficit
Source p. 831 of 949-page PDF, “Meeting Materials” LgA Meeting 2/5/2026