UW System regents approve new budget proposal

Proposal asks state for $21 million in new funding
UW System regents approve new budget proposal

The University of Wisconsin System regents have approved a budget proposal that will ask the state for an additional $21 million in funding.

The Board of Regents approved the proposal Thursday in Madison. A Milwaukee Journal Sentinel report said the approved request will now go to the Department of Administration.

The $21 million would be used in part to fund the UW System’s new flexible-degree initiative, a program that would grant college credit for real-world experience.

“We have somewhere between 750,000 and a million Wisconsin citizens with some college credit and not a degree. If we can help them get a degree, they’re more likely than a 22-year-old to stay in Wisconsin because they’re working; they have family roots; they have children,” said Kevin Reilly, UW System president.

Regent John Drew cast the lone dissenting vote. He said he was concerned the new budget request didn’t address a pay plan for faculty and staff.

The regents also approved a resolution for roughly $672 million in building projects at campuses across the state, including Madison, La Crosse and Stevens Point.