State GOP leaders react to surplus found in audit of UW System - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

State GOP leaders react to surplus found in audit of UW System

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MADISON (WKOW) -- A new Legislative Fiscal Bureau report shows the University of Wisconsin System finished fiscal year 2012 with nearly $650 million sitting in reserve, including $414.1 million in surplus tuition dollars.

The bureau released a memo Friday saying the tuition surplus was $212.8 million as of mid-2009 and $393 million as of mid-2011.  

Republican legislative leaders issued a statement blasting UW System administrators. They questioned how the system could justify raising tuition in recent years in light of the surplus and vowed to include a two-year freeze on tuition in the 2013-15 state budget.

Base tuition across the system's four-year schools went up 5.5% annually between mid-2009 and mid-2012. 

Also Friday, UW System President Kevin Reilly proposed 2% tuition increases for both the 2013-14 and 2014-15 school years, a smaller increase than in recent years. 

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