Fiscal Highlights - May 2014
Higher Education Tuition Increases for 2014-2015 -
Spencer C. Pratt (![]() Following the 2014 General Session, the State Board of Regents met and approved a 4.0% first-tier tuition increase for the 2014-2015 academic year for the Utah System of Higher Education. In addition to the first-tier tuition, the Regents also approved second-tier tuition increases for the University of Utah (1.8%), Utah State University (1.5%), and Snow College (2.0%). The increases are projected to generate approximately $32.2 million. Of this amount, $26.6 million will be allocated for compensation and targeted salary increases, $1.7 million is for Student Support and Initiatives, $2.4 million is for Academic Support and Initiatives, $1.0 million is for utilities and maintenance, $400,000 is for scholarships, and $100,000 is for other mandated costs. The following table shows the tuition increases, as well as the Regents-approved student fee increases.
In April 2014, the Utah College of Applied Technology (UCAT) Board of Trustees approved membership hour tuition on UCAT campuses as shown in the following table. The increase at Davis ATC is offset by a reduction in student fees while the increase at Ogden Weber ATC is expected to fund two positions in the student services center.
|
![]() $107 Million of Excess Federal TANF Spending Authority - Stephen C. Jardine The Department of Workforce Services (DWS) administers the federal Temporary Assistance for Needy F...Division of Air Quality: New Appropriations Update - Angela J. Oh Air quality was a priority during the 2014 General Session. Lawmakers passed legislation to cut emi...DJJS - Receiving Centers and Youth Services - Zackery N. King What is the next step for receiving centers and youth services? Receiving centers and youth s...Economic Development Incentives - Andrea Wilko Financial incentives are provided through the Utah Governor's Office of Economic Development and th...Higher Education Tuition Increases for 2014-2015 - Spencer C. Pratt Following the 2014 General Session, the State Board of Regents met and approved a 4.0% first-tier t...How Will Quagga Mussel Impact Utah Financially? - Ivan D. Djambov Now that the invasive quagga mussels are established in Lake Powell, how long before they get to ot...Is there a Relationship between Educational Attainment and Employment Growth? - Thomas E. Young The Education Interim Committee heard presentations on long-term planning for educational attainmen...Jail Reimbursement Program and Appropriations - Fiscal Years 2011-15 - Gary K. Ricks The Jail Reimbursement Program provides reimbursement to Utah counties for days spent in county jai...Medicaid and CHIP Enrollment Trends Since the Beginning of Mandatory Medicaid Expansion - Russell T. Frandsen Since the beginning of the Medicaid mandatory expansion as part of federal health care reform in Ja...Sequestration Update - Steven M. Allred In December 2013, Congress passed the Bipartisan Budget Act of 2013 (BBA), providing states some ce...The Billion Dollar Retirement Gap - Brian D. Fay In 2008, the Utah Retirement System (URS) experienced investment losses of nearly 25 percent, leavi... |
Reports/Archive | Budget Process | Office Background | Who's Who | Organization Chart
Office of the Legislative
Fiscal Analyst
House Building, Suite W310
Salt Lake City, UT 84114
Phone (801) 538-1034 Fax (801) 538-1692