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Wednesday, September 11, 2013 - 2:49pm

Board Of Regents Requesting $1.93 Billion

Updated: 1 year ago.
The Georgia Board of Regents has signed off on a $1.93 billion budget request for fiscal year 2015, which represents a 2.6 percent increase over the year before. The request was adopted Wednesday by the board and now heads to the governor's office for consideration. (photo courtesy of Zack McCarthy via flikr)

The Georgia Board of Regents has signed off on a $1.93 billion budget request for fiscal year 2015, which represents a 2.6 percent increase over the year before.

The request was adopted Wednesday by the board and now heads to the governor's office for consideration.

The request doesn't include $235.2 million needed for facilities within the university system, which was also approved by the board.

Officials say the request includes a reduction in state funds of $20.2 million to account for a 2.7 decline in enrollment during the last school year. Officials say changes to a federal grant program and increased admissions requirements have factored into the decline.

The board is also seeking $3.2 million for more hospital residency slots. Other increases include health insurance, retirement programs and facility operations.

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