MADISON, Wisconsin (WXOW) -- Republican legislators are giving University of Wisconsin System officials a tongue-lashing over a report that shows the system has squirreled away a massive tuition surplus while raising students' rates for years.
The Legislative Fiscal Bureau released a report Friday that showed the system had a $648 million surplus as of the end of June, including $414. 1 million in tuition.
Republicans on the Legislature's employment relations committee told system President Kevin Reilly during a hearing Tuesday they're shocked. Sen. Alberta Darling of River Hills accused Reilly and system officials of scheming to hide the surpluses from the public.
Assembly Speaker Robin Vos of Burlington said the entire state is outraged at the system.
Reilly responded the surpluses serve as a safety net as state aid for the system dwindles.
All content © Copyright 2000 - 2014 WorldNow and WXOW. All Rights Reserved.
Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Theresa Wopat at 507-895-9969. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at email@example.com.