I'll have more to write about the budget proposal latter, but I wanted to note that Penn State did not take a big hit in the proposed budget. The legislature appropriated $338 million for the University last year, but a little more than $20 million was taken back in a mid-year rescission. The Governor is proposing $318 million for next year which is the end amount the University received this year. This is not as bad as it could have been.
Technorati Tags: Penn State, budget, Pennsylvania appropriations, financial crisis, economy, Rendell
Technorati Tags: Penn State, budget, Pennsylvania appropriations, financial crisis, economy, Rendell
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