Show Finance Needs for S 1 i 1 00 NET APPROPRIATIONS VETERAN f EES CREDITS j Includes tuition and all other fees for Increased state appropriation needed to offset decline in income from veterans fees and the rise in price Officials Explain Need For Increase in Funds The needs of the university for the next biennium will be greater than the previous period because of a decrease in fees and an increase in operating expenses according to charts released by university officials The increase in needs must be made up by state according to A. Ray A chart prepared by Elroy Nelson of the Business school graphically shows the income for the period as compared with needs for the next two It points 1 the operating budget of the university must be made up by state student fees and other dedicated 2 veteran fees will decline in the next two 3 prices are rising and have already risen the dollar value has 4 the declines must be made up by an increase in the state appropriation if present standards are to be The university requested for the next two This includes as the chart which will be needed to offset the decline in income from veterans' fees and the drop in dollar The legislature has worked out a basic budget formula which is established on a classroom unit basis in terms of number of lower upper division and professional A legislative using the amended basic budget formula as a has recommended to the legislature that the university be given This amount figures out to be about 90 per cent of the basic formula less The amount recommended by this while short over of the university's needs is considerably more than the governor's recommended All in all it means the amount the committee has suggested the university receive is short of our request but it is 36 per cent or more than the governor The requests by the university include all departments except the medical school and the geologic Funds for these two operations are allocated |