Regents approve UW System budget that shifts funding

The UW System Board of Regents on Thursday approved a 2017-18 operating budget that sets nonresident and graduate and professional school tuition rates for the coming academic year as well as rates for housing and student fees. The operating budget shows increased revenues for UW-Madison across all funds of approximately 2.5 percent.

However, the approved budget also shifts to other system schools a percentage of returned lapse funding that would traditionally go to UW-Madison. The shift came after UW System leaders stressed that all campuses continue to face financial challenges heading into the new biennium.

While UW-Madison leaders agreed, as a one-time measure, to share some portion of the normal allocation for the $50 million in returned lapse funding, Chancellor Rebecca Blank raised concerns about the size of the reduction prior to the vote. UW-Madison will receive approximately $13 million less over the biennium under the recalculated allocation of the lapsed dollars. The allocation formula for the other state dollars received by the UW System remains unchanged.

Read more

Chancellor Blank statement on today’s Joint Finance Committee vote

University of Wisconsin-Madison Chancellor Rebecca Blank issued the following statement regarding the Joint Committee on Finance’s vote on the state employee compensation plan.

“While we are still reviewing the actions taken by the Joint Finance Committee related to potential changes in health care benefits for state employees, I want to thank the members of the Committee for approving a compensation plan that includes an increase in pay for UW System employees. Providing this increase will help us attract and retain the best and brightest instructors, researchers and staff.”

Statement from UW System President Cross on Joint Finance action

University of Wisconsin System President Ray Cross today issued the following statement regarding the Joint Committee on Finance’s vote on the compensation plan for state employees:

“We thank the Joint Finance Committee for the compensation plan it approved today. Our faculty and staff work incredibly hard, and this increase recognizes that our institutions compete for talent at a national and international level. This pay plan represents the largest investment the State has made in UW employees in more than a decade.”

Finance committee approves $36M funding increase for UW System

The University of Wisconsin System would receive a funding increase of more than $36 million over the next biennium under the budget proposal approved Thursday by the Legislature’s Joint Committee on Finance (JFC).

The committee voted 12-4 to pass an omnibus motion that included 23 provisions, including $5 million for an innovation fund to increase enrollment in high demand areas and $26.25 million for outcome-based funding. This is less than the $37.5 million requested by UW System, but the motion gives the Board of Regents the authority to create the system to distribute the funds instead of setting them in state statute as proposed by Gov. Scott Walker.

Chancellor Blank supported the significant changes made by the committee to the outcome-based funding proposals.

Read more

New leadership center inspired by Gov. Thompson’s legacy

A new center named for Wisconsin’s longest-serving governor and dedicated to the study of public leadership is proposed to be housed jointly at the University of Wisconsin–Madison’s La Follette School of Public Affairs and Department of Political Science.

The Tommy G. Thompson Center for Public Leadership will make significant contributions to public policy and leadership, Chancellor Rebecca Blank said.

Read more

Chancellor Blank statement on Joint Finance action

I am grateful that members of the Joint Finance Committee today supported reinvesting in the UW System. New funding included in the state budget will be used by UW–Madison and campuses across the state to educate students and prepare them to become the next generation of highly-skilled employees needed by employers in Wisconsin and beyond.

Read more

UW System President Ray Cross statement on Joint Finance action

“I would like to thank the members of the Joint Finance Committee for their support of the UW System. In particular, I want to thank Speaker Vos, Majority Leader Fitzgerald, Finance Co-Chairs Darling and Nygren, as well as Senator Harsdorf and Representative Born, for their leadership in bringing forward the UW System budget motion and their commitment to working with us throughout the budget process.

“We put forth a reasonable budget request that strategically aligns our resources with the state’s greatest needs. While we have concerns with some of the provisions, the vast majority of our requests were approved, and we look forward to working with the legislature on remaining issues, including our capital budget and compensation requests. Our Regents, Chancellors, and System leadership will continue to advocate for the UW System, our students, families, and the taxpayers of Wisconsin.”

Omnibus motion on UW System funding debated

The Joint Finance Committee has released an omnibus motion on the UW System budget. Read the motion here.

The committee is currently debating the motion. The meeting can be viewed on WisconsinEye.

UPDATE: The omnibus motion passed on a 12-4 vote.

UW System budget scheduled for Thursday vote

The co-chairs of the Joint Finance Committee are saying that the UW System budget will be on the panel’s calendar for Thursday.

The committee is scheduled to start at 11 a.m. The session can be viewed live at WisEye.org.

Vote on UW System budget postponed

The UW System portion of the 2017-19 state budget has been pulled from today’s Joint Finance Committee’s calendar. The committee’s vote on UW System funding will be rescheduled at a later date.

Older posts