FOX 47 - Top Stories
MADISON, Wis. - New figures from the University of Wisconsin System show the system's reserves stood at $1.7 billion at the end of March.
The system released data Thursday that shows campuses had a combined $1.61 billion in uncommitted reserves. About $121 million was committed.
The figures also project the system will have $1.1 billion in uncommitted reserves and $205 million in committed reserves on June 30, the end of the state's fiscal year.
System officials have taken intense criticism over the last year for building massive reserves while raising tuition year after year.
The state budget Gov. Scott Walker signed in June requires the Board of Regents to craft a policy on how much cash campuses can keep on hand. The regents' finance committee was expected to vote on the policy Thursday.Saturday, April 12 2014, 03:27 PM CDT
Tonight on FOX 47
5:00pm Two and a Half Men
5:30pm Big Bang Theory
6:00pm Modern Family
6:30pm Big Bang Theory
7:00pm FOX Movie: "Night at the Museum 2: Battle of the Smithsonian"
9:00pm FOX 47 News at 9
9:35pm Modern Family
10:05pm Mike & Molly
10:35pm Mike & Molly
11:05pm Two and a Half Men
11:35pm The Simpsons