June 20, 2011

State economic forecast dim

By Kathleen Dannenhold

quarterly update of State General Fund Revenues has predicted a total drop of over $570 million for the upcoming 2011-13 biennium when combined with other economic and non-economic revenue changes.  While this news has no immediate impact for the University, continued declines in state revenue would likely necessitate another round of mid-year and supplemental session budget cuts for state agencies, including the UW.

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