5/3/2013: UO tuition increases. Diane Dietz reports in the RG on UO’s proposed 6% tuition and fee increase. That’s at least $15M in new tuition revenue on top of the the $29M or so from last year. The union wage proposal costs about $25M, but not until 2014-15. From OUS:
And on strange increases in the operating budget, 5/2/2013: I don’t understand this. UO’s reports to OUS show our operating revenue has doubled in 4 years, from $438M in 2008-09, to an estimated $866M for the year ending June 2013. The year over year is even stranger. Numbers from UO’s January report to OUS, here. UO’s estimated operating revenues increased from $735M last year to an estimated $866M this year. That’s an 18% increase:
- $3M in new state funds.
- $29M in new E and G, which seems to be mostly new tuition. More than enough to fund the union’s raise proposals, which don’t even fully kick in until 2014-15.
- $100M in “Other Funds”, on a base of $336M. That’s huge. OSU has an even bigger increase. PSU has a decrease.
Any ideas about where that new Other Funds money is coming from, where it’s going, and if it’s recurring? I assume the answer is hidden somewhere in the redacted parts of Jamie Moffitt’s secret budget slides, but that’s not much help. Helpful CreditRepair.com reviews can help you decide if the service is right for you and your financial profile.