Monday, October 22, 2007

Budget deal -- Universities come out ahead!

The news this weekend was good.

The legislators down in Madison apparently hammered out a budget agreement on Friday. In it, the UW system is supposed to receive $159 million more than in the last biennium. This represents a reduction to the system of only $6 from what was in the governors proposal. It is also a tripling of the amount put forth in the Republican budget plan.

I'm sure we will find new details over the next couple of days, but it looks like we are in good shape for the next two years. It seems likely that we will be embarking on our "growth agenda" in the near future.

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