Board to ask lawmakers for additional $30M for 2015 budget
Published: May 16,2013
Tags: appropriation, bill, college, education, funding, higher education, lawmaker, legialtive, legislator, Legislature, postsecondary education, public university, satate budget, state government, university
JACKSON — The College Board will seek roughly $30 million more in state money in the 2015 budget year.
The board members voted today to ask the Legislature for the money for Mississippi’s eight public universities.
Though the 2014 budget year doesn’t begin until July 1, state agencies begin planning requests for the following year in the spring, in advance of legislative hearings looking at 2015 requests in the fall.
Higher Education Commissioner Hank Bounds says $20 million would aid operations of the schools, using the new funding formula the board approved earlier this year. Projections show $20 million would provide enough money so every university would get at least a small increase. The board is trying to equalize funding among universities based on how many courses students complete and other factors.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Two BancorpSouth mergers delayed by federal inquiries
- Moon River Foods creating 100 jobs in Mississippi Delta
- Wasted away — Margaritaville in Biloxi to close by Sept. 19
- DAVID DALLAS: Mr. McDaniel goes to Washington
- Severstal selling plants, including Severstal Columbus
- Judge to hear from True the Vote as McDaniel attempts to overturn loss to Cochran
- Google chooses Mad Genius as example of Internet use
- WILLOUGHBY: Broadband Voice founder Gary Watts isn’t afraid to take chances
- Weyerhaeuser investing $57M to modernize lumber mill
- Police find Attorney General Hood's stolen handgun