THE UNIVERSITY OF NEW MEXICO BOARD OF REGENTS APPROVES A 2-POINT-9-6 BILLION DOLLAR BUDGET FOR FISCAL YEAR 2019. THE AMOUNT REPRESENTS AN INCREASE OF 1-POINT-7 PERCENT. THE SPENDING PLAN ALREADY INCORPORATES THE TUITION INCREASE APPROVED BY THE REGENTS IN MARCH.
ALSO IN THE BUDGET IS MONEY TO PROVIDE RAISES OF 1 PERCENT FOR FACULTY AND STAFF. THE JOURNAL REPORTS THE BUDGET VOTE WAS 6 TO 1, WITH REGENT MICHAEL BRASHER VOTING NO AFTER EXPRESSING CONCERNS OVER THE COST OF ATTENDING U-N-M.
