BOZEMAN, Mont. (AP) — The Montana Board of Regents is asking the state for an additional $14.5 million in its next two-year budget so increased costs aren’t completely passed on to students.
The Bozeman Daily Chronicle reports the regents propose a $524 million budget for the Montana University System during the 2010-20 school year and a $528 million budget the following year.
Deputy Commissioner of Higher Education Tyler Trevor says the request would mean the state would cover 41 percent of inflationary costs including pay raises, faculty retirement and utility increases. The rest would be included in tuition increases.
In the previous two-year budget, increased tuition covered all the inflationary increases.
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The regents, meeting in Havre, voted Thursday to approve Montana State’s planned $32 million renovation of Romney Hall into a classroom building to accommodate a growing number of students.
Information from: Bozeman Daily Chronicle, http://www.bozemandailychronicle.com