Monday, June 14, 2010

From The Desk Of The President: Higher Ed Budget

Here is a note from President Dave Eisler to Ferris State University:
Last Tuesday, June 8, the state House of Representatives approved the Higher Education budget. This had been slated for approval the previous week, but ran into a snag over a proposal to require universities to report on any stem cell research they are conducting. In the end, the House approved the bill with the stem cell reporting requirement, and then immediately replaced it with a floor substitute that did not have the requirement. Perhaps more importantly the House version contains 3.1 percent more in funding than the Senate version, which reduced current funding by that amount. However, no source other than the general fund is identified for replacing the funds the Senate cut.

This bill has been rejected by the Senate and will next head to conference committee. In developing our 2010-11 budget, we assumed the University would be cut by three percent. As a result, we are well positioned to respond to the budget recommendation that results from the House-Senate conference committee. I will continue to keep the Ferris community apprised of these developments that can have such an impact on our University.
We will have more items from the desk of the president this week.

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