Earlier this week, as Nashvillians gathered at city hall to share their desires for the city budget with Metro councilmembers, one ask stood high above the rest: the Varsity Spending Plan.
Why Tennessee Won’t Celebrate A $1B Budget Surplus
Rather than cash-strapped, Tennessee is actually quite flush. The latest tax revenues from October show the state has already built up a $1 billion surplus in tax collections.
Public Colleges Call for State Funding Turnaround
Tennessee’s public universities say this is the year to stem the tide in budget cuts. The Board of Regents and University of Tennessee are asking for a $33 million increase in state funding.
Higher Ed, Correction Departments in Line for Bigger Budgets
Election Day also marks the start of this year’s budget season in state government. The Haslam Administration is asking departments to at least prepare for cuts of five percent.