2015 Legislative Update – Week 6

2015-2016 Budget The Executive Appropriations Committee approved its first round of funding items on Thursday. For higher education, initial items include a beginning 2% merit increase in compensation, $8 million in performance funding ($2 million ongoing, $6 million one-time), and $2.5 million for growth in the Regents’ Scholarship. In addition, three of the Regents’ capital […]

2015 Legislative Update – Week 5

2015-2016 Budget With revised revenue projections announced last week, significant budget decisions continue to loom before a final budget takes shape, including Medicaid expansion and possible gas tax revisions. There is still a lot of work to be done on the budget as well as several bills that continue their march through the legislative process. […]