make Blake House the official residence of the UC president. As of 2005, it cost around $300,000 per year to maintain Blake Garden and Blake House; the latter, built in 1926, is a mansion with a view of San Francisco Bay. Blake House has sat vacant since President Dynes departed in 2008, due to the high cost of needed seismic strengthening and renovating its dilapidated interior (estimated at $3.5 million in 2013). From 2008 to 2022, all three UC presidents during that timeframe (i.e., Yudof, Napolitano, and Drake) lived in rented homes. In 2022, UC finally purchased the Selden Williams House, a house in Berkeley, for $6.5 million to serve as the UC president's official residence. UC had previously owned the same home from 1971 to 1991, when it served as the official residence of the UC vice president. (UC no longer has a single "vice president"; the president's direct reports now have titles like "executive vice president", "senior vice president", or "vice president".) All UC chancellors traditionally live for free in a mansion on or near campus that is usually known as University House, where they host social functions attended by guests and donors. Berkeley's University House formerly served as the official residence of the UC president, but is now the official residence of Berkeley's chancellor. UCSD's University House was closed from 2004 to 2014 for $10.5 million in renovations paid for by private donors, which were so expensive because the 12,000-square-foot structure sits on top of a sacred Native American cemetery and next to an unstable coastal bluff. Finances The State of California currently (2021–2022) spends $3.467 billion on the UC system, out of total UC operating revenues of $41.6 billion. The "UC Budget for Current Operations" lists the medical centers as the largest revenue source, contributing 39% of the budget, the federal government 11%, Core Funds (State General Funds, UC General Funds, student tuition) 21%, private support (gifts, grants, endowments) 7% ,and Sales and Services at 21%. In 1980, the state funded 86.8% of the UC budget. While state funding has somewhat recovered, as of 2019 state support still lags behind even recent historic levels (e.g. 2001) when adjusted for inflation. According to the California Public Policy Institute, California spends 12% of its General Fund on higher education, but that percentage is divided between the University of California, California State University and California Community Colleges. Over the