Colleges And Universities Want More Money From State
By: Import User
Updated: January 7, 2009
Leaders of Arkansas public colleges and universities plan to seek a 53 million-dollar increase in state
funding for the 2006-2007 school year.
The group agreed Tuesday to recommended the funding increase in
August at a meeting of the Higher Education Coordinating Board. But
university leaders say they doubt there will be much money
available due to the expense surrounding court-ordered improvements
at the public schools.
The higher education leaders based the funding recommendation on
a new formula, which justifies as much as 832 million dollars
for 2005-06. The new formula presents lawmakers with how much money
the department believes it needs to do the job, rather than just
what officials think they`ll receive.
