2009 House Bill 4441 ↩

Senate Roll Call 295: Passed

The Senate version of the Fiscal Year (FY) 2009-2010 higher education budget. This would appropriate $1.609 billion in gross spending, compared to $1.769 billion, which was the FY 2008-2009 amount enrolled in 2008. Of this, $1.507 billion will come from the general fund (funded by actual state tax revenues), $26.4 million is from "restricted funds," or earmarked state tax and fee revenue, and $75.6 million is federal revenue. The Senate version uses less federal "stimulus" money than the House, has a 0.4 percent university operations grant reduction, eliminates the state "promise grant" scholarships, reduces spending on "need based" scholarships, and reverses a 50 percent reduction proposed by the Governor in funding for the MSU Agricultural Experiment Station and Cooperative Extension Service.