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Board Report #02-16

Governor's Budget Reform Act of 2002

 

Governor McCallum recently released the Budget Reform Act of 2002. This bill is designed to address the budget deficit for 2001-03 that developed after the budget was originally passed last August. I am extremely pleased to report that the programs HEAB administers are all held harmless in the Governorís proposal. No program is eliminated nor is funding decreased. The funding increases included in the 2001-03 biennial budget passed in August are also held harmless. In addition, the proposal includes a 1.2 million-dollar increase in the UW-WHEG and a $800,000 increase in the WTC-WHEG for 2002-03. The Governorís proposal is extremely good news for financially needy college students. This bill will now need to go through the legislative bill passage process before it can become effective. If you would like to review a summary of Governor McCallumís proposed budget adjustment bill please go to www.wisgov.state.wi.us.

 

STATE OF WISCONSIN
HIGHER EDUCATIONAL AIDS BOARD
2001-2003 BIENNIAL BUDGET

PROGRAMS 2000-01
BUDGET
FINAL BUDGET
SIGNED BY
GOVERNOR
2001-2002
% OF
INCREASE
FROM 00-01
FINAL BUDGET
SIGNED BY
GOVERNOR
2002-2003
% OF
INCREASE
FROM 01-02
GOVERNOR'S
PROPOSAL
2002-2003
% OF
INCREASE
FROM 01-02
Tuition Grant
Wisconsin Higher Education Grant-WTC
Wisconsin Higher Education Grant-UW
Talent Incentive Grant
Wisconsin Higher Education Grant-Tribal
21,038,600
13,201,900
18,900,300
4,503,800
400,000
21,564,600
13,631,000
19,750,800
4,503,800
400,000
2.5
3.25
4.5
0.0
0.0
22,103,700
14,074,000
20,639,600
4,503,800
404,000
2.5
3.25
4.5
0.0
1.0
22,103,700
14,874,000
21,839,600
4,503,800
404,000
2.5
9.1
10.6
0.0
1.0
Indian Student Assistance
Minority Undergraduate Grant
Minority Teacher Loan
Dental Education Contract
Academic Excellence Scholarship *
Handicapped Grant
779,800
693,100
240,000
1,167,000
2,917,000
123,800
779,800
724,300
250,800
1,342,100
2,979,000
123,800
0.0
4.5
4.5
15.0
1.0
0.0
787,600
756,900
262,100
1,517,100
3,041,000
123,800
1.0
4.5
4.5
13.0
2.0
0.0
787,600
756,900
262,100
1,517,100
3,041,000
123,800
1.0
4.5
4.5
13.0
2.0
0.0
Teacher Education Loan
Loan for Teachers of the Visually Impaired
MN-WI Reciprocity **
250,000
100,000
0.0
250,000
100,000
0.0
0.0
0.0
0.0
275,000
100,000
0.0
10.0
0.0
0.0
275,000
100,000
0.0
10.0
0.0
0.0
New Nursing Student Loan Program 0.0 0 0.0 450,000 100.0 450,000 100.0
TOTAL 64,315,300 66,400,000 3.2 69,038,600 4.0 71,038,600 7.0

* Fund increased to reflect a re-estimate of the amount required to fully fund the program in the 2001-03 biennium.
** Funding is only necessary when a liability payment is due (which currently is not being projected).

 

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