CSU Launches Financial Transparency Portal
New website provides additional access to financial information along with added context and user-friendly visualizations.
24-May-2019 11:05 AM EDT
Newswise — As part of ongoing efforts to provide the public and university stakeholders with additional access to financial information, the California State University has launched a new financial transparency portal.
“The CSU is committed to ensuring that Californians know how resources entrusted to the university are managed," said CSU Executive Vice Chancellor and Chief Financial Officer Steve Relyea. “To that end, the university strives to be transparent in all its dealings with students, faculty, staff, alumni, the community and businesses. This new portal will provide expanded access to financial information as well as additional context and detailed explanations."
With the assistance of OpenGov, the leader in cloud-based government budgeting, performance, and communications solutions, the CSU has created the new portal featuring financial reports and interactive, easy-to-understand visualizations. Five years of actual revenues and expenses are available and can be viewed by year, campus and fund. The site also provides the public the opportunity to comment on the information presented, provide recommendations for improvement of user experience, or pose additional questions.
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About the California State University
The California State University is the largest system of four-year higher education in the country, with 23 campuses, 52,000 faculty and staff and 481,000 students. Half of the CSU's students transfer from California community colleges. Created in 1960, the mission of the CSU is to provide high-quality, affordable education to meet the ever-changing needs of California. With its commitment to quality, opportunity, and student success, the CSU is renowned for superb teaching, innovative research and for producing job-ready graduates. Each year, the CSU awards more than 125,000 degrees. One in every 20 Americans holding a college degree is a graduate of the CSU and our alumni are 3.7 million strong. Connect with and learn more about the CSU in the CSU NewsCenter.