Funding cuts to the University of Wisconsin System would stall a vital economic engine in Wisconsin, presidents from 10 Chambers of Commerce across Wisconsin said in a letter to the Joint Finance Committee. The letter, signed by chamber leaders from Madison, Milwaukee, Eau Claire, the Fox Cities, Green Bay, Kenosha, Menomonie, Oshkosh, Portage County and River Falls, …
The state legislature’s Joint Finance Committee is scheduled Friday to take up the UW System budget. The meeting is tentatively slated to begin at 10 a.m. Budget papers can be viewed here. The meeting can be viewed tomorrow on WisconsinEye. On Wednesday, the committee approved $86 million in bonding for the renovation and expansion of the UW–Madison Chemistry …
On Jan. 1, there will be changes to deductibles, out-of-pocket costs, prescription co-pays and other aspects of the state employee health insurance program. The UW System describes the changes here.
UW-Madison Chancellor Rebecca Blank and UW-Milwaukee Chancellor Mark Mone discussed the state budget‘s affect on their institutions Wednesday at a forum in Milwaukee organized by WisPolitics.
In a memo to the co-chairs of the Joint Finance Committee, Legislative Fiscal Bureau Director Bob Lang says that while 2014-15 tax collections may exceed earlier estimates, collections for the next two fiscal years are expected to grow more slowly than expected, meaning no extra revenue for the 2015-17 state budget. “On balance, we believe that the …
The co-chairs of the Wisconsin legislature’s Joint Finance Committee, said this morning that Gov. Scott Walker’s proposal to create a UW System public authority will not be advanced out of committee. Rep. John Nygren, R-Marinette, and Sen. Alberta Darling, R-River Hills, also voiced support for lowering the $300 million cut to the UW System proposed …
The Joint Finance Committee is expected to take up the UW System budget as it wraps up its work on the 2015-17 state budget in late May. The committee will propose and vote on amendments to Gov. Scott Walker’s proposal, and then pass the full budget bill as amended. In the week or two after Joint …
Chancellor Blank is sharing an update on UW-Madison budget reductions on her blog, Blank’s Slate. Her $36 million plan includes $21 million in budget cuts and redirects an additional $15 million from other campus units to UW’s overall educational mission. The plan includes the elimination of approximately 400 positions. Read more.
The Madison Region Economic Partnership, the economic development agency for the eight-county region surrounding the state Capitol, has passed a resolution calling for a reduction in the level of cuts proposed to the UW System in the 2015-17 state budget. “Though the MadREP Board of Directors rarely weighs in on legislative matters, we determined that …
The University of Wisconsin–Madison’s overall economic impact statewide is $15 billion annually, according to a report from Northstar Consulting Group. The report shows that UW–Madison, UW Hospital and Clinics and the university’s affiliated organizations and startup companies support 193,310 Wisconsin jobs and generate more than $847.5 million in state and local tax revenue. That’s up from …