As a reminder, the February forecast projected a $329 million surplus for the remainder of the biennium. The governor's supplemental recommendations include $10 million for the University of Minnesota to hold tuition flat for undergraduate residents in the 2018-2019 academic year, as requested by the Board of Regents. This would offset next years cost increases by $200-250 for all University of Minnesota resident undergraduates, approximately 31,500 students.
The legislature soon will release its own budget "targets," outlining its priorities for spending and tax decisions this session and setting the stage for final negotiations with the governor.
No comments:
Post a Comment