Leadership in both fiscal committees of the House of Representatives and Senate signed a budget deficit. Both new cuts and fund transfers are included in the compromise.
While the budget is not final and both chambers must take a floor vote,聽the is in near final form. Higher education institutions would not receive direct state funding cuts, but would be asked to聽backfill a聽new cut to the State Need Grant (SNG) with institution resources. The 91探花would be directed to use聽$5,658,000 of internal funds to cover the general聽fund reduction to the SNG.
Also note that higher education institutions were exempt from a salary reduction (furlough) requirement.
Lastly, the compromise budget did not close the Basic Health Plan but it did make .