The Board of Regents met last week at UW-Superior. The Regents approved a report on the 2018-19 year-end program revenue balances. While total PR balances increased slightly by $11.1 million in FY19, attributable to large increases in restricted gift funds and other restricted funds, the tuition program revenue balance decreased by $55.9 million, a reduction of 56% since FY13. The Regents also heard the first report on the FY 2017-18 cost-benefit analysis summaries of foundations and other affiliated organizations. In 2017-18, UW institutions received $203.1 million from their primary foundations, while providing $9.1 million in administrative support. The Regents also approved eight requests from the Capital Planning and Budget Committee, and heard from UW-Madison, UW-Platteville, and UW-River Falls leaders on the impact the Dairy Innovation Hub will have on the state and next steps for launching Hub activities. President Cross, Board of Regents, and other UW leaders met in Grantsburg on Wednesday, October 9 to tour Four Cubs Farm, a 1,000-cow, robotic dairy operation owned by UW Board of Regent member Cris Peterson. The event was aimed at promoting the three campuses’ plans on spending the Dairy Innovation Hub funding allocated in the 2019-2021 state biennial budget.
A full summary of the October 10, 2019 meeting can be found here.
A full summary of the October 11, 2019 meeting can be found here.