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Sat, Jul 4, 2009
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Local
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. |
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