Inside Higher Ed – State budget season is here, and with a few notable exceptions—California and New York among them—many states are entering it with a significant surplus.
Read the full article.
Thanks to a number of factors—including increased tax revenue, lingering pandemic stimulus funds and, at least in oil- and gas-rich states, boom times for the energy sector—49 out of 50 states collected more revenue than they projected, according to a fiscal survey conducted by the National Association of State Budget Officers.
But will public higher ed institutions see some of the windfall, as predicted a year ago? Or will an unsteady economy and political uninterest shrink their piece of the pie?
