Document Type
Article
Publication Date
4-10-2013
Abstract
The following summarizes how UNM fared in the 2013 Legislative Session (House Bill 2). Main campus received a 4.3% increase, or $7.3 million of new money. Of that $7.3 million, the workload formula—funding connected to outcomes such as course completions, the number of students graduating, and so on—accounted for $2.4 million. The Educational Retirement Board (ERB) program accounted for $3.6 million. The final $1.3 million represents the state-funded portion (about 60%) of the 1% compensation increase, the same percentage of state-funding for our Instruction and General (I&G) budget.
Recommended Citation
Abdallah, Chaouki. "Wednesday Communiqué, 4/10/2013." (2013). https://digitalrepository.unm.edu/provost_publications/55
Sponsorship
The University of New Mexico
Language
English
Publisher
The University of New Mexico
