Tuesday, August 16, 2016

Iowa's Board of Regents has spent itself into a hole - The DesMoines Register's Editorial

The Iowa Board of Regents, which exists to help fund, manage and oversee the state universities, now wants those schools to cough up $3.6 million to help pay the bills at the board’s central office. The additional funding represents a 30 percent increase over the amount of money the regents asked for last year from the University of Iowa, Iowa State University and the University of Northern Iowa. And, as the Iowa City Press-Citizen recently pointed out, the $833,435 year-over-year increase is nearly as much as the total increase in payments the board budgeted during the previous five years combined. http://www.desmoinesregister.com/story/opinion/editorials/2016/08/07/iowas-board-regents-has-spent-itself-into-hole/88294846/

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