Friday, December 16, 2016

Budget challenges loom as state takes up funding plans - Around the O

The budget proposal recently released by Oregon Gov. Kate Brown for 2017-19 includes funding for several UO priorities, but without increased investment in higher education, the UO likely will be forced to raise tuition above 5 percent and make painful cuts to critical services. Brown faced the difficult task of balancing Oregon’s budget with an estimated $1.7 billion operating shortfall for the next biennium. Her budget includes cuts to many state agencies and programs, as well as a proposal for more than $897 million in additional revenue. Any new tax increase will require the support of the Legislature, the business and labor communities, and other key stakeholders. http://around.uoregon.edu/content/budget-challenges-loom-state-takes-funding-plans

No comments:

Post a Comment