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Regents to vote on university budgets

The Ohio Higher Education Funding Commission will make recommendations to the Ohio Board of Regents for the operating budget for state universities during the 2000-2001 school year today. The regents will vote on the budgets

- By Rachel Wenger/Administrative Reporter

The Ohio Higher Education Funding Commission will make recommendations to the Ohio Board of Regents for the operating budget for state universities during the 2000-2001 school year today. The regents will vote on the budgets.

The Ohio Board of Regents is an 11-member body that helps to provide higher educational policy to state colleges and universities.

The Ohio Higher Education Funding Commission makes recommendations for the higher operating budget and then presents the bill to the board.

Pat Meyers, head of government relations for Kent State, said the board will be voting on how much money universities, such as Kent State, will be allotted for programs and equipment during the 2000-2001 school year.

"The review will address how the state can provide base funding for all of it's institutions of higher education while allocating a higher share of funding according to different measures of performance and quality," Meyers said.

Because of the defeated Issue 2 bill, statewide universities' capital appropriations will be cut by at least 0.5 percent, said David Creamer, Kent State's vice president of Business and Finance.

Issue 2 proposed a 1-cent increase in the state sales tax and was targeted toward K-12 education improvements.

In order to supplement K-12 schools, the state had to make a 0.5 percent cut in the instructional subsidy to all state universities. Creamer said the cut will mainly affect instructional subsidies for lab equipment.

"We are planning that the cuts in the money we are going to be allotted will interfere with some Kent State campus renovations and projects," Creamer said.

Meyers said the board is hoping to be able to allot state universities more money for special programs and equipment in the year 2000-2001.

"Each year the Board of Regents hopes to build our educational systems even further," Meyers said.



NEWS || TODAY'S STATER


PUBLISHED:
-Daily Kent Stater
-Page 1
-09.18.98



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