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UW Regents Approve Budget That Absorbs $125M In Cuts

$180M Will Be Drawn From Fund Balances

By
Richard Hurd (CC-BY)

The University of Wisconsin Board of Regents approved a nearly $6.2 billion budget Thursday in a voice vote.

The regents’ approval of the 2015-16 annual operating budget and tuition plan comes shortly after both houses of the Legislature approved the state budget, which includes a $125 million cut in state aid over the next year.

At least one of the Regents voted no. Regent Charles Pruitt said his vote was symbolic.

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“There has to be some place where individual regents … at least send a message that they have profound disagreements with what our partners in state government have done here, both in terms of a $250 million cut, and what at least I believe are ill-considered changes on tenure on other things,” said Pruitt.

Roughly $180 million will be allocated from fund balances to balance the budget.

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