CU President Bruce Benson and UCCS Chancellor Pam Shockley-Zalabak complimented Gov. John Hickenlooper’s budget request and encouraged legislators to give consideration to his plan to boost funding for CU.
On Thursday, the governor recommended a $30 million increase in state funding to the higher education operating budget for Fiscal Year 2013-14. CU’s share would be approximately $9 million if an allocation plan agreed to by all the higher education institutions is implemented.
The request for almost $657 million for higher education — $543 million in operating costs, with the remainder slated for financial aid — represents a 6.1 percent increase over last year.
“We appreciate the governor’s clear commitment to ensuring that higher education continues its substantial contributions to the economy, health and culture of our state and beyond,” Benson said. “We are also grateful for the leadership of Lt. Gov. Joe Garcia, who has been a champion of higher education in his role as executive director of the state Department of Higher Education.”
The recommended increase marks the first time since FY 2008-09 that higher education’s budget would increase. For the first time in five years, pay increases for state classified employees are also proposed. A 1.5 percent pay increase is proposed.
“The past several years have been difficult times for higher education,” Shockley-Zalabak said. “We still face challenges and there are many steps between the governor’s proposal and enactment by the General Assembly but I am appreciative of the governor’s support.”
For more about the Governor’s budget request, visit http://www.colorado.gov/cs/Satellite?c=Page&childpagename=GovHickenlooper%2FCBONLayout&cid=1251633509961&pagename=CBONWrapper