On Friday, March 16, Governor Dayton announced his supplemental budget recommendations for the FY18-19 biennium. The governor's recommendations include $10 million for the University of Minnesota to hold tuition flat for undergraduate residents in the 2018-2019 academic year, as requested by the Board of Regents.
On Friday, March 16, Governor Dayton announced his supplemental budget recommendations for the FY18-19 biennium. Although not required by law, governors typically submit supplemental budget recommendations midway through the biennium to adjust state budgets depending on changes to economic forecasts. As a reminder, the February forecast projected a $329 million surplus for the remainder of the biennium.
The governor's recommendations include $10 million for the University of Minnesota to hold tuition flat for undergraduate residents in the 2018-2019 academic year, as requested by the Board of Regents. Learn more about the University's supplemental budget request.
The governor singled out the University of Minnesota during his State of the State speech on Wednesday night, stressing the importance of supporting higher education and urging the legislature to invest in public colleges and universities.
The legislature soon will release its own budget "targets," outlining its priorities for spending and tax decisions this session and setting the stage for final negotiations with the governor.