Today, Gov. Tim Walz recommended a $39.2 million increase in funding for the University of Minnesota during the 2020-21 budget cycle.
The following is a statement from University of Minnesota President Eric W. Kaler:
“Gov. Tim Walz’s funding proposal for the University of Minnesota is appreciated tremendously, but will create challenges because it is less than what is needed.
“Our budget request this session is restrained, but deeply important. We are asking for an $87 million increase in state support for our biennial budget. This will help us fund core operations and address our highest priority needs, while keeping costs reasonable for students statewide across the University’s system.
“We are also deeply grateful for the Governor’s proposed $150 million capital bonding investment. These dollars are critically needed to maintain our infrastructure statewide. These projects are necessary to provide safe, efficient, and modern teaching and research facilities that support all of our students, staff, and faculty.
“Our education outcomes fuel Minnesota’s highly-trained workforce, our research breaks new ground and shapes the careers of tomorrow, and our commitment to outreach strengthens communities from Roseau to Rochester. I look forward to working with Gov. Walz and lawmakers to make the case that our funding request supports Minnesota, each and every day.”