budget
March 30, 2015
2015-17 House Chair Operating and Capital Budgets
Leadership in the House Appropriations Committee released their 2015-17 operating budget proposal on Friday – Proposed Substitute House Bill 1106 . The proposal provides $3.48 billion of Near General Fund State for higher education which is a slight increase over the total higher education appropriations in the Governor’s budget. On the operating side, the UW would receive $595.6…
February 20, 2015
February 2015 State Revenue Forecast Update
General Fund-State (GF-S) revenue forecast has been increased by $107 million for the 2013-2015 biennium and by $129 million for 2015-2017. GF-S revenue for the 2013-2015 biennium is now $33.547 billion (9.4% higher than collections in the 2011-13 biennium) and The forecasted GF-S revenue for the 2015-2017 biennium is now $36.449 billion (8.7% higher than…
December 19, 2014
Governor Inslee’s 2015-17 Operating and Capital Budgets
The Governor released operating and capital budgets yesterday morning. Though the UW fared well in the capital budget, we believe the operating budget, as currently proposed, presents challenges. Please note that the Governor’s budgets will be taken up by the Legislature in January; we are many months away from a final legislative compromise. As usual,…
July 11, 2014
AASCU Releases Latest State Outlook
On Thursday, the American Association of State Colleges and Universities (AASCU) released its most State Outlook. According to the report, state operating support for public four-year colleges and universities is 3.6 percent higher for FY 2015 than it was for FY 2014. Of the 49 states that have passed a budget thus far, support for…
May 7, 2014
Stanford Announces It Will Divest from Coal Companies
On Tuesday, Stanford’s Board of Trustees announced it “will not directly invest in approximately 100 publicly traded companies for which coal extraction is the primary business, and will divest of any current direct holdings in such companies.” Furthermore, Stanford stated it would encourage its external investment managers to avoid investments in such companies. The decision…
April 21, 2014
International Graduate Applications Increase, But Countries of Origin Shift
The Council of Graduate Schools (CGS) released its annual survey of international student applications on Thursday, which revealed that the number of international student applications to U.S. graduate schools increased by 7 percent in 2014 and, for the second year in a row, Chinese applications fell slightly, while those from students in India soared. Chinese…
April 2, 2014
Ryan Budget Would Hurt Pell Grants and Student Loans
Representative Paul Ryan, the House Budget Chairman, released his FY15 budget proposal on Tuesday. The proposal would remove the in-school interest subsidy for all subsidized undergraduate student loans, eliminate mandatory funding for Pell Grants, and freeze the maximum Pell Grant award at $5,730 for the next 10 years. As Office of Federal Relations put it…
March 13, 2014
House and Senate Reach Agreement on Supplemental Operating Budget
*Although the conference budget cuts state funding by $7.3 million, it also reduces the amount employers can spend on benefits per employee per month to $622, which essentially offsets the cut. † The $1,200,000 figure is an estimate until OFM sends additional instructions.
March 5, 2014
President Obama Releases His FY2015 Budget
Yesterday, March 4th, President Obama submitted his fiscal year 2015 budget request to Congress. The Institute for College Access & Success (TICAS) has published their analysis of the budget as has the Education Policy Program at New America. TICAS states that the President’s proposal “takes important steps towards making college affordable for Americans by reducing the need to…
March 4, 2014
Updated House and Senate Supplemental Budget Brief
We have updated the OPB brief we posted on February 27th, to reflect additional information regarding the employee health insurance related agency reductions. Both the House and Senate budget would decrease agency contributions for employee health benefits. The House budget cuts state funding by $7.6 million and the Senate budget cuts state funding by $4.4 million. However, both…
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