Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Board of Regents approves $142.3 million supplemental request in FY25–26 operating ask

Board of Regents · October 1, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Board of Regents approved a FY25–26 state operating budget request that adds $142.3 million in recurring funding and targeted investments for dual enrollment, student supports and campus safety after staff outlined a $765 million gap to reach full funding for higher education.

The Louisiana Board of Regents on Wednesday approved its FY25–26 state general fund operating budget request, a package senior staff said would add $142.3 million in recurring funding and selected targeted investments.

Senior staff told the board the current state general fund support across higher education is about $1.3 billion and that fully funding formula needs would require roughly $2.1 billion, leaving a gap of about $765 million. Board staff recommended a more modest request that includes $89 million for institutional stability (including a $59 million formula…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans