House Releases Operating Budget

This afternoon the House released their proposed 2010 supplemental operating budget.

Highlights of the proposed operating budget are below. A more detailed account of the impact of the House’s proposed 2010 supplemental budget on Evergreen will be in a blog later today.

Highlights Higher Education Budget

  • Reduces state funding for colleges and universities by $40.8 million.
  • Maintains eligibility, grant awards, and the number of students anticipated to be served by the program.
  • Reduces funding for the State Work Study by $7.7 million. To achieve this savings the money a student can earn in an academic year is reduced.
  • Reduces funding for State-funded GEAR UP projects.
  • Reduces funding for the Health Professions scholarship and loan repayment program.
  • Suspends funding for the Future Teachers Scholarship program. Continues commitment to students currently recipients of this grant.
  • Reduces funding for the Community Scholarship Matching Grant Program.
  • Reduces funding for the Leadership 1000 Scholarship Programs.

Details on the House’s proposed 2010 supplemental operating budget is located on the House Ways & Means Committee website. The House did not release a revenue package today.