President Obama Releases FY2014 Budget Proposal

President Obama released his proposed Fiscal Year 2014 budget Wednesday morning.  The budget proposal includes new investments in education, infrastructure, and research, along with the President’s proposals to alter Social Security, Medicare, and tax policy.  This budget proposal comes two months later than usual, largely a result of sequestration and an incomplete fiscal year 2013 … Continued

Federal Issues

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 … Continued

Higher Education Funding

THEC Approves Higher Education Budget Recommendations

The Tennessee Higher Education Commission (THEC) met today for their quarterly meeting where they approved the FY 2013-14 operating and capital budget recommendations to be submitted to the General Assembly and the Governor this coming year. The Governor’s hearing and subsequent approval by THEC represent the first steps in formulating the Governor’s budget proposal. The … Continued

Higher Education Funding

Higher Education Budget Hearing Highlights UT Strengths, Needs

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

Higher Education Funding