Wednesday, August 22, 2007

Higher Education Budget Grows by a Near-whopping 14%

The new budget for Higher Education (HB 4350 and 4351) is increasing by $228 million on general fund spending. It amounts to 14.1%.

The manner and timing of this year's budget process in the House is truly remarkable. Here it is, 5 weeks before the new budget year and we still are not finished. We are set to spend $2 billion MORE in general fund money than we have available and there is NO PLAN to come up with the money to balance the budget as the constitution mandates.

The next 5 weeks will be very interesting.

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