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CSU President Provides Updates on Enrollment and Institution's Financials

CSU President Stuart Rayfield recently provided updates regarding enrollment and the institution's financial situation. In terms of enrollment, she noted that there are "encouraging signs that recent investments and structural changes are making a difference, even as important challenges remain." For example, the fall-to-spring retention rate is currently tracking about 2% ahead of last year. "If this trend holds to when this metric is officially measured (fall-to-fall), it would be an encouraging step bringing us closer to our long-term goal of an 85% retention rate," she stated. On the financials side, Rayfield added that the university is in solid shape for the current fiscal year. "Looking ahead, we are slated to receive an increase in FY27 state appropriations, followed by a decrease the following year, as the formula tracks enrollment trends. We are making plans for all this, being conservative with our planning while also prioritizing our strategic initiatives.  Final budget allocations will be clearer following the April Board of Regents meeting, which we are hosting at CSU," she explained. Federal financial support is also forthcoming, with $313,000 coming for public safety enhancements, including new patrol vehicles and upgraded technology on both campuses. Additionally, $175,000 is headed to CSU to help with the institution's growing trove of military-related archival materials. Finally, there may be a bit of good news ahead for CSU faculty and staff as Georgia Governor Brian Kemp is pushing for a $2,000 one-time bonus for full-time state employees. 

 

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