This Week in Richmond…
Posted: March 7, 2002 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am
This weekly column, written by Thomas Hennessey, chief of staff to President Alan Merten, is published to keep the university community informed on the budget situation in Richmond, and how those developments directly affect George Mason. The column appears every Thursday in the Daily Gazette.
The General Assembly has entered its last week. Budget conferees continue negotiations and final bills are being quickly passed through the Senate and House. On Wednesday, budget conferees met for what they hoped would be the last time. Final compromises between the House and the Senate are likely to emerge as early as this afternoon. While a tuition increase for all schools is a given, there are also mandatory fee increases required by legislation. There is some indication that critical needs in the equipment trust fund and maintenance reserve are going to be met. How much these will be increased will be determined in the next few days.
There is almost certainly going to be some sort of increased compensation proposal approved by the budget conferees. Whether this is a “nominal” pay raise or targeted bonuses for retention has not yet been determined.
We expect to have more information on the budget that will be sent to Gov. Mark Warner. At the earliest opportunity, a summary article will detail what this means for George Mason students, staff, and faculty.