They’re going to be a problem in the future. This is just excess revenue from Orange County tourism taxes.
The university is only 60ish years old. They don’t have many old, rich alums. They do have a huge enrollment and a ton of new grads every year. They’re tapping into more state and county money at the same time their alums are reaching peak giving age range. They will be a power soon.
The university is only 60ish years old. They don’t have many old, rich alums. They do have a huge enrollment and a ton of new grads every year. They’re tapping into more state and county money at the same time their alums are reaching peak giving age range. They will be a power soon.