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We're sorry, this alert is no longer available. If you would like to learn more about ways you can take action, please visit Inactive -- Minnesota State Colleges and Universities Friends Action Network.The short explanation of this alert was:
The state of Minnesota recently released an economic forecast, which shows a state deficit of $426 million for the remainder of fiscal year 2009. The state constitution requires a balanced budget, so lawmakers and Governor Tim Pawlenty will start working to resolve the fiscal year 2009 shortfall.
As legislators return January 6 to St. Paul for the 2009 legislative session, they will be charged with balancing the budget for the fiscal year 2010-11 biennium. Minnesota faces a $4.847 billion deficit for the upcoming biennium. Altogether, the state will need to deal with a $5.27 billion deficit over the next two years.
Minnesota State Colleges and Universities system is part of the solution to the budget deficit. In hard economic times, the role of higher education is critical as people seek education and training to update skills, or prepare to find new jobs.
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