| Board of Control Passes Balanced Budget - 6/21/2007 Budget Advisory Committee Reports - 5/1/2003 The President's Budget Reduction Advisory Committee makes recommendations on reductions and a tuition structure. Executive Order Will Cost Tech $855,000 - 2/11/2005 Governor cuts $27 million from higher ed Michigan Tech President Testifies Before Senate Subcommittee - 3/7/2008 President's higher education budget testimony focuses on STEM degrees. Committee Will Not Consider Restructuring Proposal - 4/17/2003 A budget reduction committee has put a restructuring proposal on hold. Football Program Eliminated - 3/18/2003 Budget cuts have forced the elimination of the football program Michigan Tech Reinstates Football - 4/9/2003 Michigan Tech has reinstated its football program, which will become self-supporting by 2004` Budget Forum Rescheduled - 4/28/2003 (April 28, 2003) The Budget Reduction Advisory Committee (BRAC) open forum, originally scheduled for May 1, has been moved to May 7. President Calls Alumni, Staff, Students to Action - 11/19/2003 Quality can't continue with large state cuts. Board of Control Approves 2003-04 Budget - 7/28/2003 Michigan Tech's Board of Control approved a balanced, $116.5-million general fund budget June 25. Michigan Tech Board Approves Budget - 6/24/2005 Balanced in 2005-06 Board of Control Approves Budget and Tuition Increases, Accelerates Strategic Initiatives - 7/1/2008 State Legislature Passes Higher Education Bill: Michigan Tech Receives 1 Percent Increase - 10/31/2007 Michigan Tech will receive $49,028,200 from higher education bill passed by state Legislature. Granholm Presents Higher Ed Appropriations Budget - 5/11/2009 Michigan Governor Jennifer Granholm has presented a proposed budget for the 2009-2010 fiscal year. Tech Budget Proposal Goes to the Board - 6/17/2003 Michigan Technological University President Curt Tompkins will present a balanced budget to the University's Board of Control June 25. The budget includes significant internal cost cutting in the wake of an expected 10 percent decline in support from the State of Michigan, and will include a $2.9 million or 27 percent increase in financial aid to students. Pay Restoration Proposed - 2/27/2004 Board of Control will take up the issue on March 5. Board Approves Budget, New Degrees - 6/25/2004 MS in Business Administration re-opens in September. Tech Ends Year in the Black - 8/13/2004 General Fund budget balanced for 2004-05 Board Approves Spending Cuts - 12/17/2003 Pay reduction, health benefit changes lead list Proposal Would Restructure College/Departments - 4/6/2003 The Budget Reduction Advisory Group has received a reorganization proposal from the Provost. Executive Team Presents Balanced Budget - 7/2/2004 2004-05 budget process eliminates projected $7.9 million deficit Senate Higher Education Subcommittee Hearing at Michigan Tech - 5/11/2007 Michigan Tech President Glenn Mroz to testify. Tech on Track for Balanced Budget - 9/24/2004 Revenue exceeds projection for fall Michigan Tech Sets Budget and Tuition - 7/20/2009 The University's Board of Control approved a general fund operating budget and set tuition and room and board for the coming academic year. Quality Remains, Despite State Cuts - 3/17/2004 Tompkins testifies before Senate subcommittee Michigan Tech Not Affected by Governor's Budget Cuts - 5/15/2009 An Executive Order cutting more than $300 million from the current year's budget does not affect the base budgets of the state universities, including Michigan Tech. Preliminary Budget Shows Deficit - 5/7/2004 "Cannot continue business as usual," Mroz says. Michigan Tech Board Approves Balanced 2006-07 Budget - 6/22/2006 Interim President Reorganizes Administration - 4/16/2004 Mroz looks for greater efficiencies Tuition Set for 2003-04 - 7/28/2003 The university has set final tuition charges for 2003-04 and increased financial aid. |