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Budget Crunch Putting The Squeeze On Local Universities

Camarillo, CA-- California's budget crisis is taking another toll, California State University Channel Islands has announced plans to halt construction work on its state funded projects.

Three key undertakings will now be affected a whooping $105 million in campus infrastructure improvements.

The move comes in wake of the Pooled Money Investment Board's recent vote to halt nearly $4 billion in general obligation and Lease Revenue Bond Projects ranging from freeway improvements to school construction.

Story Created: Dec 23, 2008 at 5:05 PM PDT

Story Updated: Dec 30, 2008 at 2:13 PM PDT

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