January 24, 2006
Dear USM Faculty and Staff:
We began the new year with terrific news. Gov. Ehrlich announced earlier this month his proposal for a 12.5% increase in general funds as part of the University System of Maryland?s FY 2007 operating budget. If approved by the Maryland General Assembly, this would mean a $101-million increase in state support.
In making the announcement, the governor said: ?We are making extraordinary new investments in our higher education system, while making colleges and universities more affordable for Maryland families. I applaud (USM) for making our university system a better steward of taxpayer dollars the past three years.?
The state funding increase would enable USM to broaden access to higher education, protect and enhance quality, support workforce development more fully, and strengthen research capabilities important to the state?s economic development and quality of life.
Gov. Ehrlich?s announcement clearly demonstrates his commitment to a strong public higher education system. It also highlights the significance of the USM Board of Regents-led Effectiveness and Efficiency (E&E) initiatives. Through E&E and your dedication, we have achieved more than $40 million in cost containment and reductions during the past two years.
Our total FY 2007 operating budget, as approved by the Board of Regents, would allow USM to advance several priorities shared by the university system, state officials, and the citizens of Maryland. Specifically, the budget would:
