Budget Update

Last week, Finance Commissioner Mark Emkes presented the Administration’s Budget amendment to the Senate and House Finance, Ways, and Means Committees.  The amendment provides The University of Tennessee Institute for Public Service and The University of Tennessee Institute of Agriculture with a 2.5 percent increase (roughly $3 million) in recurring operational dollars.  These units were not included in the Governor’s original budget proposal.  Non-formula unit funding is incredibly important to UT, and we appreciate the Administration’s efforts to include these increases in the Amendment.  These Institutes deliver needed and in-demand services to Tennesseans across the state on a daily basis.  The amendment also includes $1 million in grant funding to the Parsons Foundation for the UT Martin nursing building expansion and $24 million for the UTK Steam Plant Conversion.

The Senate and House amendments have also been released.  Click here to view a listing of legislative budget amendments relative to the University of Tennessee.

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