Board to ask lawmakers for additional $30M for 2015 budget
by Associated Press
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.
Top Posts & Pages
- UPDATED: House subcommittee tosses discrimination elements from religious freedom bill
- Lawmakers debating alternative to Medicaid expansion
- Chris McDaniel gets a thank you note from Travis Childers
- Senate passes teacher pay raise legislation
- Reactive Surfaces files lawsuit against Toyota in patent dispute
- States settle with manufacturers in DRAM price-fixing case
- White House hotel making comeback in Biloxi
- Pickering collects more money from failed beef plant project
- Nehi Bottling Company has been a Cleveland fixture for 85 years