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Minnesota State officials warn of worsening budget outlook, federal headwinds for higher education
Summary
Vice Chancellor Bill Mackey told trustees that the governor’s budget included no part of Minnesota State’s $465 million request and projected state and federal changes — including a Moody’s downgrade of higher education — are prompting campuses to model multiple spending scenarios ahead of tuition and operating budget votes this spring.
Vice Chancellor Bill Mackey told the Minnesota State Board of Trustees on March 19 that the system’s FY26 operating request was not included in the governor’s budget and that state and federal trends are creating a tighter funding environment for campuses.
Mackey said the governor’s proposal represented “no change” from current funding law, adding: “No portion of Minnesota State’s $465,000,000 budget request was included in the governor’s budget recommendation.” He warned trustees the shortfall would reduce campus-based appropriations and tuition-replacement funding compared with current law.
The system’s update described two near-term impacts: a…
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