UCLA Multiplies the State’s Investment 15-fold
In good times and bad, UCLA has played a stabilizing role in the regional economy. An updated study by the Los Angeles County Economic Development Corporation shows that UCLA-related economic activity generated business revenues of $9.3 billion in greater Los Angeles during fiscal year 2005-2006.
UCLA had an operating budget of $3.6 billion, 17.4 percent of which was provided by the state. Regional spending by the university, its employees, students and visitors totaled $3.9 billion, and spawned another $5.4 billion in indirect activity through goods and services supplied to the university. Statewide, UCLA adds a further $535 million in business revenues. This brings university-related economic activity throughout California to $9.9 billion.
sources of ucla revenue (3.6 Billion Operating Budget)
