UT President Randy Boyd Shares Budget Priorities at Administration Hearing
Governor Bill Lee conducted his departmental budget hearings this week. On Tuesday, the state’s higher education institutions provided updates and shared their budget proposals with the governor. President Randy Boyd used the opportunity to share his appreciation for the UT faculty, staff, and students and highlighted their determination and perseverance to ensure the University is … Continued
Senate Passes Newly Revised Budget
The Senate passed a newly revised state budget last Thursday afternoon after a robust discussion on the proposed cuts that are to be implemented over a three-year period to lessen the impact of the state’s revenue shortages and the ability to maintain essential operations. This will be the second scaled back budget passed this legislative … Continued
Lawmakers Pass Newly Amended Budget; Set to Reconvene in June
Tennessee lawmakers passed Governor Bill Lee’s amended budget for fiscal year 2020-21 late Thursday night following a robust debate amongst members. Several proposed amendments to the newly proposed budget were tabled after a lengthy discussion. In light of the severe tornado damage to Middle Tennessee communities and significant estimated economic impact of the novel … Continued
State Budget Update
Lawmakers are yet to begin budget deliberations in a legislation session now anticipated to continue until mid-May. Legislative sessions in recent years have adjourned in mid-April, but the one thing members must do (per the Tennessee Constitution) is pass a balanced budget prior to adjourning. Lawmakers are awaiting the Governor’s Budget Amendment before considering a … Continued
Deadline for Budget Amendments Passes, Rumors of Concern over UT’s Top Capital Priority
With 140 budget amendments proposed in the Senate and 235 proposed in the House, there appears to be no shortage of ideas on how to spend a state revenue surplus that could easily reach half a billion dollars by the end of the fiscal year. In recent months, indicators continue to point toward positive growth … Continued
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