Tuesday, November 28, 2017

New NU budget allocation means less state funding for UNL - CHRIS DUNKER, Lincoln Journal Star

An update to how the University of Nebraska allocates state funding to each of its four campuses will mean a $12.5 million reduction to UNL’s base budget beginning next year. Since the 1990s, NU distributed its state appropriations and tuition revenue — referred to together as its state-aided budget — to the campuses based on share of salary costs, meaning UNL received about 49 percent of the nearly $951 million budget this year. President Hank Bounds, the campus chancellors and members of the Board of Regents worked with the National Center for Higher Education Management Systems for more than a year to develop a new model for allocating funding to the campuses. http://journalstar.com/news/local/education/new-nu-budget-allocation-means-less-state-funding-for-unl/article_1f30caa2-d94e-5de7-af1f-b8a50adde3d7.html