Would capping state budget increases result in less support for higher education? The heads of Pennsylvania’s state-related institutions, including Chancellor Mark A. Nordenberg, are concerned about the potential harmful effects of recent actions by the Pennsylvania legislature. Both the House of Representatives and the Senate have enacted legislation dubbed the “Taxpayer’s Bill of Rights” (TABOR), […]
Would state budget hike cap harm universities? >
November 10th, 2005FY05: A very good year for Pitt >
November 10th, 2005“Overall, we had a very good year financially in fiscal year 2005,” said a senior Pitt administrator at a recent meeting of the Senate budget policies committee (BPC). Arthur G. Ramicone, vice chancellor for Budget and Controller, reported to BPC on Oct. 28 following the Board of Trustees approval earlier that day of the FY05 […]
Capital campaign totals ahead of projections >
November 10th, 2005Pitt has raised 85 percent of its $1 billion fundraising campaign goal two months ahead of its target date. Albert Novak, vice chancellor for Institutional Advancement, reported Oct. 28 to the Board of Trustees that the “Discover a World of Possibilities” campaign had raised $850 million in pledges. Of that, $714 million is cash received. […]