California University Systems Reach Financing Pact With Governor

Seeking to ensure consistency in state appropriations and tuition for the next three years, California's two big university systems last month announced a new financing agreement with the state's governor, Gray Davis.

The agreement calls for an annual 4-percent increase in the state's outlays for both the University of California and California State University systems, along with additional funds tied to enrollment growth, maintenance, capital outlays, and