Higher Education asked to craft budgets reflecting 15 percent cuts
Arguably, the Great Recession ended in 2010.
But don’t tell revenues in the state of Washington, which still limp along, forcing agencies to look everywhere to fund their programs. And higher education is once again one of the first places the state is targeting to fill in the gap.
According to the state budget update prepared by the Office of Financial Management in Olympia, state revenue collections “are also rebounding, but at a much slower pace than after previous recessions.”
Based on a normal growth of 4.5 percent, the general fund would eclipse $20 billion by the end of 2014, but curren...
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