Earlier today, Arizona legislative leaders released their recommendations for addressing the state’s budget deficit, including an unprecedented proposal to reduce the state investment in the Arizona university system by $243 million for the remaining few months of fiscal year 2009. Arizona legislative leaders also proposed reducing the Arizona university system budget by $388 million in fiscal year 2010. If enacted, these would be the largest higher education budget reductions in the state history. Below is a statement released earlier today by ASU regarding these proposals. Because budget reductions of this magnitude would have a serious and immediate impact on university operations, please know that ASU will be actively engaged in the policy discussions regarding these proposals. We will also continue to keep you informed about state budget proposals and their potential impact on ASU as they advance over the next several weeks of the legislative session.

http://asunews.asu.edu/20090115_proposedbudgetcuts