How much U-Minnesota regents may want from state
MPR's Tim Post has a story today on how the University of Minnesota Board of Regents is getting a first peek at the school's budget request for lawmakers next year: a $1.2 billion increase in funding for fiscal years 2012 and 2013.
That's about $50 million a year over what the university gets now -- but still less than what the school got back in 2007.
It'll be a tough sell, considering the deep cuts to the university's state funding over the last couple of years and a state government that has to deal with a projected $6 billion budget deficit.
University Chief Financial Officer Richard Pfutzenreuter tells Post:
"We're not foolish enough to think that the $5 billion state problem is going to disappear. But we are are going to advance our request ... and have started to think about what the alternatives will be in case the state doesn't come through that level of funding."
You can find details and audio here.
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