Budget and Appropriation

Gov. Corbett shares 2013-14 Pennsylvania budget proposal

2/5/13

As anticipated, Pennsylvania Gov. Tom Corbett today (Feb. 5) presented his 2013-14 budget, which included level funding of a little more than $214 million for Penn State's annual state appropriation. Also contained in his budget proposal is level funding at nearly $13.6 million for Penn College and $44.7 million for Agricultural Research and Extension.

"In this difficult budget environment, the governor's offer of level funding is a clear sign that higher education is critical for Pennsylvania's economic recovery and for our next generation of workers. The governor's budget proposal is the beginning of a long process of legislative review and we are pleased that he has recommended no cuts in our appropriation this year," said Penn State President Rodney Erickson.

Penn State budget plan seeks modest increase from state

9/14/12

Penn State's Board of Trustees on Sept. 14 approved a budget plan for 2013-14 that includes a request to the Commonwealth of Pennsylvania to provide $10.6 million more than the University will receive in the current fiscal year. If provided, it would bring the University's appropriation to $289.5 million.

Penn State Trustees approve 2012-13 budget

7/13/12

Penn State's Board of Trustees today (July 13) approved a $4.26 billion University operating budget for 2012-13. The budget includes a $279 million appropriation from the Commonwealth of Pennsylvania, representing no change from 2011-12. "Through the support of many members of the House and Senate who value the partnership between the Commonwealth and the state's public and state-related higher education institutions, the proposed $64.2 million cut to Penn State's General Support line has been fully restored," said Penn State President Rodney Erickson. "I would like to publicly thank the governor and members of the General Assembly who coalesced to support public higher education."

Trustees approve 2.4 percent average tuition increase

7/13/12

Penn State's Board of Trustees Friday (July 13) approved an average tuition increase for 2012-13 of 2.4 percent for undergraduate students, representing the lowest tuition increase at the University since 1967 and one of the lowest among public universities in the nation this year. "We were guided by several priorities in assembling our budget plan," President Rodney Erickson said. "Chief among those priorities was to keep tuition increases at the lowest possible level. We are committed to keeping tuition increases as modest as possible without compromising academic quality."

Modest pay raise for employees is under consideration

7/5/12

At the upcoming July 13 Board of Trustees meeting at Penn State Worthington Scranton, a modest salary increase for employees will be part of a proposed University budget for 2012-13, according to Penn State President Rodney Erickson.

State budget passes; Penn State funding restored to previous levels

7/1/12

The Pennsylvania General Assembly has passed, and Gov. Tom Corbett has signed into law, a nearly $27.7 billion state budget that includes level funding for Penn State and Pennsylvania's other state-related and state-owned universities. Penn State President Rodney Erickson thanked legislators and the governor for their work to restore the University's funding to last year's levels, and said the funding will benefit students and their families.

President Erickson addresses Senate Appropriations Committee

3/1/12

Penn State President Rodney Erickson and Bruce McPheron, dean of Penn State's College of Agricultural Sciences, appeared before the Pennsylvania Senate Appropriations Committee Feb. 29 to discuss the University's proposed appropriation for the 2012-13 fiscal year. The 90-minute session was held a week after the Pennsylvania House Appropriations Committee hearing in Harrisburg, where Erickson appeared jointly with the leaders of the University of Pittsburgh and Temple and Lincoln universities. Pennsylvania Gov. Tom Corbett has proposed flat appropriations in 2012-13 for Lincoln University and a 30 percent cut each for Temple, Pitt and Penn State.

Senate Appropriations Committee hearing to air live on PCN today

2/29/12

Penn State President Rodney Erickson will testify before the Pennsylvania Senate Appropriations Committee at 1 p.m. today (Feb. 29), to answer questions related to the University's appropriation. The proceedings will be carried live on Pennsylvania Cable Network (PCN) and also will be available for streaming on the Web at http://www.pcntv.com/. For the most up-to-date information, viewers can check PCN's upcoming schedule at http://www.pcntv.com/schedule.

Penn State president addresses House Appropriations Committee

2/22/12

Penn State President Rodney Erickson appeared before the Pennsylvania House Appropriations Committee today (Feb. 22) in Harrisburg, Pa., to discuss the University's proposed appropriation for the 2012-13 fiscal year. In light of continued shortfalls in state revenue collections, Pennsylvania Gov. Tom Corbett has proposed a 30 percent across-the-board cut for Penn State, Temple and Pitt. Erickson, who was joined by leaders from Pennsylvania's other state-related universities, said he is mindful of the state's budget constraints, but stressed to lawmakers the impact such broad cuts would have on a university that educates more than 96,000 students a year.

House Appropriations Committee hearing to air live on PCN Wednesday

2/20/12

Penn State President Rodney Erickson will testify before the Pennsylvania House Appropriations Committee at 9 a.m. Wednesday, Feb. 22, to answer questions related to the University's appropriation. The proceedings will be carried live on Pennsylvania Cable Network (PCN) and also will be available for streaming on the Web at http://www.pcntv.com/.

For the most up-to-date information, viewers can check PCN's upcoming schedule at http://www.pcntv.com/schedule.

Budget proposal provides level funding for ag research and extension

2/10/12

Funding for Penn State agricultural research and extension programs would remain at 2011-12 levels under Gov. Tom Corbett's proposed state budget for 2012-13, unveiled Feb. 7. "Considering the current economic realities in Pennsylvania, this is excellent news," said Bruce McPheron, dean of Penn State's College of Agricultural Sciences.

Governor proposes 30 percent cut in Penn State appropriation

2/7/12

A challenging state budget outlook caused by a continued soft economic recovery and lagging revenue collections emerged from Harrisburg today (Feb. 7) as Pennsylvania Gov. Tom Corbett presented a new state spending plan for the 2012-13 fiscal year that includes a second year of broad cuts proposed for public higher education. The governor proposed a 30 percent across the board cut in general support for the three major state-related universities -- Penn State, Temple and Pitt. Specifically for Penn State the proposed 30 percent cut of $64 million drops Penn State's general support line from $214 million to $150 million. Funding for the Pennsylvania College of Technology remains flat at $13.5 million for a total proposed appropriation of $163.5 million.

State announces budget freeze

1/4/12

To cover state revenue shortfalls approaching $500 million, Pennsylvania Gov. Tom Corbett has announced a statewide budget freeze, including a five percent holdback in Penn State's academic funding. As part of the announced statewide budget freeze, Penn State will receive $11.4 million less than its initial appropriation for this academic year.

College of Ag Sciences eliminates positions, refocuses for future

9/12/11

The Penn State College of Agricultural Sciences will eliminate about 130 positions -- more than half through early retirements -- as it refocuses its programs and reorganizes in the wake of state budget cuts of 19 percent for fiscal year 2011-12, which began July 1. The job losses will occur at Penn State Extension offices across the state and in academic and support units at the University Park campus.

Penn State's 2012-13 budget plan seeks modest increase from state

9/9/11

The Board of Trustees today (Sept. 10) approved a fiscal plan for Penn State that asks the Commonwealth to provide $14.7 million more than the University will receive in the current fiscal year. If provided, it would bring the University's state appropriation to a total of $293.7 million.

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