Monday, April 2, 2012

Post Spring Break: CO Budget Update


The CU flag flies outside the Colorado State Capitol building during the 2012 University of Colorado Advocacy Day in the Colorado State Capitol building. (Photo by Casey A. Cass/University of Colorado) 
Welcome back! I hope you had a great Spring Break. As you may have noticed, I took the week off from blogging to catch up on all those chores and fun times I've been putting off since January. Now, it's time to refocus and end the semester strong. 

Over Spring Break, some great news came out about the Colorado budget. More specifically, the cuts to higher education. The original proposed cuts to higher education funding was close to $30 million which would have meant $11.8 million in cuts to CU. Last week, the budget commission finalized the "Long Bill" with a proposed cut of only $6-7 million in higher education funding (CU Advocates reports $7 million in cuts while CBS Denver reports just under $6 million in cuts). This means a much lower cut for CU, $4.6 million. While it would be better to receive no cuts, the proposed "Long Bill" shows that Colorado is making some progress in coming out of the recession. For the first time in many years, the bill proposes no cuts to K-12 education funding. 

The "Long Bill" goes before the House on April 4th. Hopefully, if passed as is (or with even lower cuts to higher ed), we may finally see some relief in tuition increases. Either way, I'll be here keeping you informed.

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