UW reserves stood at $1.7 billion

By: AP Email
By: AP Email

MADISON, Wis. (AP) -- New figures from the University of Wisconsin System show the system finished the first three quarters of fiscal year 2013-14 with more than $1.7 billion on hand.

The system released data Thursday that shows campuses had a combined $1.73 billion on hand at the end of March. System officials expect to finish the fiscal year on June 30 with $1.1 billion on hand.

System officials have taken intense criticism over the last year for ending fiscal year 2012 with a $1 billion surplus while raising tuition year after year.

The Board of Regents are poised to adopt a new policy setting limits on cash on hand on Friday.


You must be logged in to post comments.

Username:
Password (case sensitive):
Remember Me:
WEAU 13 NEWS 1907 S. Hastings Way Eau Claire, WI 54701 By Phone: Main Number (715) 835-1313 and (715) 832-3474. Tip Line (715) 839-WEAU - (715) 839-9328 Sports Line (715) 852-1537
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 254798331 - weau.com/a?a=254798331
Gray Television, Inc.