[Redrum]

UC Berkeley is projecting a deficit of $150 million this fiscal year — about 6 percent of its operating budget of $2.5 billion. The campus overspent by $109 million last year and by $12 million in the 2013-14 fiscal year, according to campus officials. In previous years, despite the economic recession, the campus enjoyed surpluses.

The trend line tells the truth. No matter how they structured the stadium financing, it's hitting hard now and could hit harder in the future scheduled re-fi. Sucking chest wound.

[Redrum]

UC Berkeley is projecting a deficit of $150 million this fiscal year — about 6 percent of its operating budget of $2.5 billion. The campus overspent by $109 million last year and by $12 million in the 2013-14 fiscal year, according to campus officials. In previous years, despite the economic recession, the campus enjoyed surpluses.

The trend line tells the truth. No matter how they structured the stadium financing, it's hitting hard now and could hit harder in the future scheduled re-fi. Sucking chest wound.