1998 Minnesota Statutes

     135A.034 Budget priorities. 

    The governing boards of the University of Minnesota, the 
 state universities, the community colleges, and the technical 
 colleges shall each develop, for legislative and executive 
 branch acceptance, its highest budget priorities in accordance 
 with statewide objectives for higher education.  It is the 
 intent of the legislature to appropriate at least 67 percent of 
 the total cost of instruction after adjusting for inflation and 
 enrollment changes.  However, in the event of a budget 
 shortfall, or if funding of inflation is not possible, available 
 funding shall first be applied to the agreed upon budget 
 priorities. 

    HIST: 1994 c 532 art 3 s 5