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Monday, April 15, 2019

Compact and budget update for FY 2020

Last month I provided an overview of this year’s Compact and budget process. Here is the latest news on these matters.

With regard to the University budget, the Governor, House, and Senate have released their proposed incremental funding levels for the University—i.e., funding beyond the level currently provided for by state appropriations. The Governor proposed $51m, the House proposed $114m, and the Senate proposed $24m. The University had requested $87m. The House figure exceeds the University’s request, with the intent being to freeze resident tuition for two years.