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| 04-12-2005 | Previous edition: 04-11-2005 |
        
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Printer-friendly version Purdue could be impacted by Indiana budget projectionBy Brent ForguesCampus Editor A projection of nearly $40 million more than originally predicted in revenue for the state will have a small effect on the University’s decision of whether to raise tuition, said Purdue’s president. President Martin Jischke said the state’s revenue report Monday means that compared to the state’s anticipated $24.2 billion two-year budget, the Senate and House budgets are unlikely to change much. "This is such a small adjustment in the overall revenue," he said. "I think it means that the budget recommended by the governor, the house and the senate were predicated on fairly good estimates of the revenue." Despite the buffer, Terry Strueh, vice president of governmental relations, said the report details that Indiana will draw $20 million less than expected in December, when the state released its first revenue report. In light of the projected income for Indiana, Strueh said there will probably have to be some adjustments to the Senate package. The Senate package includes allocations for repairing Purdue’s buildings, renovating the Wade Utility Power Plant and meeting federal mandates for storm water runoff, Strueh said. The House still has yet to take a vote on its own version of the state budget. And as the state heads into the final process toward formalizing a final budget before the April 29 deadline, Strueh said he and his staff will continue working to convince people of gains rather than losses to Purdue’s budget. "The good news is that it didn’t decline too much," he said, "but it doesn’t solve any problems." Printer-friendly version |
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