October 20, 2004
Board Meeting Summary
Wells Fargo Place
Saint Paul, Minnesota
THIS SUMMARY IS NOT THE OFFICIAL MINUTES OF THE
MEETING
FY
2006 – 2007 Biennial Operating Budget (PDF)
The Board of Trustees is committed to providing high-quality,
accessible education at all Minnesota State Colleges and Universities.
The Board strongly urges the state of Minnesota to support the
Minnesota State Colleges and Universities FY2006-2007 biennial
operating budget request as illustrated in Table 1, as follows:
Table 1
| |
Minnesota State
Colleges and Universities
FY2006-FY2007
Biennial Operating Budget
State Appropriation Request and Tuition Assumption |
| |
($ in millions) |
FY2006-FY2007
Biennium |
| |
Adjusted Base* |
$1,236.8 |
| |
Request |
$ 66.5 |
| |
Total FY2006-FY2007 State Appropriation |
$1,303.3
|
| |
|
| |
($ in millions) |
|
| |
Tuition Assumption (4% annual increase) |
$62.9 |
| |
|
| * The adjusted base includes the $130.8 million
enrollment adjustment for past enrollment growth, comprised
of $36 million per year in base money and $58.8 million in
one-time funds. |
The Board of Trustees approved the final FY2006-2007 Minnesota
State Colleges and Universities biennial operating budget request
for transmittal to the Department of Finance. The Chancellor is
requested to provide periodic updates on the progress of the budget
through the executive and legislative branch review and approval
process.
Mission
Approval: Rainy River Community College (PDF)
The Board of Trustees approved Rainy River Community College’s
vision, proposed mission, purposes and array of awards.
Itasca
Community College Housing Proposal (PDF)
The Board of Trustees approved the Authorizing Resolution for
Itasca Community College’s Housing Proposal.
