Legislature Approves FY15 Budget and Sends Bill to Governor

A $36.5 billion state budget that includes $519 million for the five-campus UMass system was approved June 30 and sent to Gov. Deval Patrick.

The compromise spending plan put forth by a legislative conference committee passed in the House 144-7 while the Senate approved the bill on a voice vote.

The governor has 10 days to review the bill, which he can sign, veto, veto or adjust line items or make proposed amendments or changes to the budget and send it back to the Legislature for approval.

A $4.6 billion temporary funding bill was passed in order to keep the state government running while Patrick considers his actions.

President Robert L. Caret commended the House and Senate for approving a major funding increase that will allow a second consecutive tuition and mandatory fee freeze for in-state undergraduates.

“UMass is poised at the brink of a new era as a result of what would be an extraordinary two-year, $100-million state investment in its future and in the futures of the tens of thousands of students who bring their aspirations and abilities to our campuses every year,” Caret said.

Because the $40 million appropriation increase the University received in FY14 carried with it an additional $10 million in state fringe-benefit funding, UMass actually saw a $50 million hike in state funding during the year – a pattern that would be replayed if funding for the system remains at $519 million.

Under the rates approved June 18 by the Board of Trustees, tuition and mandatory fees for in-state undergraduates at UMass Amherst in 2014-15 will remain at $13,258. The cost of attending with room and board would be $24,215.