This week, University of Tennessee President Joe DiPietro presented the proposed UT budget for FY15-16 to the House Finance, Ways and Means Committee and the House Education Administration and Planning Committee. DiPietro praised the budget proposed by Gov. Bill Haslam, saying that it is “one of the better budgets” that he has seen in his … Continued
1. The Governor’s budget hearings are where the state budget process begins. The Governor’s budget hearings serve as a launch point for the State’s budgeting process. All state departments, agencies and entities, including the University of Tennessee System, will lay out their funding requests for the state’s next budget year—requests that the Governor will ultimately … Continued
The past three months of revenue collections in Tennessee have fallen below budgeted estimates. The most recent figures show that for the month of October, collections were $17.8 million less than budgeted levels. This follows an even larger under collection for the month of September, where revenues were $59.0 million less than estimated. Similarly, collections … Continued
Governor Bill Haslam held his final round of budget hearings yesterday, November 13. Present for testimony were UT President Joe DiPietro, Board of Regents Chancellor John Morgan, and Tennessee Higher Education Commission Executive Director Rich Rhoda. THEC’s state funding recommendation for FY 2013-14 included a $35.5 million dollar increase for higher education. The increase would … Continued
In addition to being Election Day, November 6th marks the beginning of the Governor’s FY 2013-2014 Budget Hearings. The hearings will be held over the course of one week, with higher education scheduled for Tuesday, November 13th at 9:30 A.M. CST. All proceedings are accessible live online at www.tn.gov. Governor Haslam provided a brief preview … Continued
