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Published byKathleen Joseph Modified over 9 years ago
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BIER Committee Presentation to University Senate April 23, 2012
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Down 32% since 2000 Up 6% since 2000 Payment Delays (Repaid in 2008-09) Spending cuts Below appropriations
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Slow growing economy restrains revenue ◦ Two recessions and two slow recoveries since 1998 ◦ Decline of manufacturing employment due to shift of jobs overseas and (especially) productivity growth ◦ Indiana responds with spending restraint, not tax increases Medicaid costs take up more of the budget ◦ Higher medical costs and more beneficiaries Larger share of higher education appropriation goes to Ivy Tech ◦ Importance of post-secondary education due to decline in manufacturing employment Larger share of higher education appropriation goes to State Student Assistance Commission ◦ Tuition aid goes to students instead of institutions
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