SD17 - Administrative and Financial Relationships Between the Commonwealth and Its Institutions of Higher Education


Executive Summary:
In adopting Senate Joint Resolution 90, the 2004 General Assembly established a one-year joint subcommittee to study the "Administrative and Financial Relationships Between the Commonwealth and Its Institutions of Higher Education." The resolution directs the joint subcommittee to submit final recommendations to the General Assembly no later than the first day of the 2005 session.

Given the immense public interest in this subcommittee and the related discussions about the proposed Chartered Colleges and Universities Initiative, the joint subcommittee continues to work towards developing final recommendations. To that end, the joint subcommittee met yesterday, January 11, 2005, to hear staff's recommendations on this topic. Based on the dialogue from yesterday's meeting, I remain optimistic that the subcommittee, in conjunction with the public higher education institutions, can advance a joint legislative proposal for action by the 2005 General Assembly.

Because the subcommittee has not yet adopted final recommendations, I have attached a copy of the presentation staff made to the subcommittee at yesterday's meeting, which reflects the work of the subcommittee to date.