1. National Economic Climate
37 states reduced FY 2003 budgets by $14.5 billion—the largest spending cut since 1979
30 states missed revenue targets in FY 2003
28 states had Medicaid budget shortfalls in FY 2003
19 states have proposed negative growth budgets for FY 2004
Source: The Fiscal Survey of States, National Governors Association, June 2003

2. Higher Education Cuts in Other States
California: 9% - 13%
Colorado: 26%
Massachusetts: 16.4%
Virginia: 22% over the last two years
Wisconsin: 38% over the last two years
Sources: Chronicle of Higher Education Almanac Issue; AASCU State Budget and Tuition Update from September 26, 2003

3. Higher Education in West Virginia’s Budget
FY 2004 total spending: $3 billion
FY 2004 spending on higher education: $343 million (general revenue) or 11.3%
Source: West Virginia State Budget Office

4. Sources of institutional revenue
State appropriations: 42%
Tuition and fees: 19%
Grants and contracts: 21%
Auxiliary revenues: 10%
Miscellaneous: 8%
Source: West Virginia Higher Education Policy Commission

5. The Wise Administration Record on Higher Education
Exempted higher education from mid- year reduction of 3% in 2001
PROMISE Scholarships
Increased funding for Grant Program
and HEAPS
Permitted tuition increases