Monday, January 22, 2018

Iowa's Board of Regents skip pay raises for university presidents - Vanessa Miller, the Gazette

After spending two days behind closed doors evaluating its university presidents and institutional heads, Iowa’s Board of Regents this week took no action to increase pay or offer new compensation incentives. The no-news report from board President Mike Richards is not surprising given deep cuts in state support over the last year that Gov. Kim Reynold this week suggested aggravating by proposing another takeback of funds already committed to Iowa’s public universities for the current budget year. Lawmakers during the last legislative session slashed more than $30 million of its base funding for the universities, and Reynolds recommended taking back another $5.1 million from this year’s budget. The proposed reductions come in response to a state budget shortfall of about $35 million and hit regents harder than most. http://www.thegazette.com/subject/news/education/higher-education/regents-pass-on-pay-raises-for-university-presidents-20180111