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Budget Summary FY2015

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70661400 - State University Incentive Grants
Data Current as of:  10/17/2014

Account Description FY2014
7066-1400 State University Incentive Grants
For additional operational funding for state universities for efforts which advance the goals of the commonwealth vision project; provided, that the state universities shall work in conjunction with the house and senate committees on ways and means to develop a performance-based funding formula for fiscal year 2016; provided further, that funds shall be expended for costs related to the development of said formula; and provided further, that not less than the following amounts shall be made available to the respective institutions named herein: (a) $1,564,561 to Bridgewater State University; (b) $810,333 to Fitchburg State University; (c) $688,592 to Framingham State University; (d) $499,119 to Massachusetts College of Liberal Arts; (e) $1,258,870 to Salem State University; (f) $1,035,356 to Westfield State University; (g) $944,956 to Worcester State University; (h) $540,450 to Massachusetts College of Art; (i) $606,538 to Massachusetts Maritime Academy

0 8,048,776

Veto Explanation:   I am striking language which earmarks funding for a program not recommended. The reduction in the item incorporates the amount of the stricken earmarked funds.