University of MIssouri
Icet's "artistic" budgeting
Submitted by .Sean on April 15, 2009 - 7:09amHouse Budget Committee Chairman Allen Icet presented his plan for distributing federal recovery money to colleges and university yesterday, and it didn't go quite as he'd hoped. Here's a summary of the Icet plan from the News-Leader's Chad Livengood:
Under his proposal, Icet took a standard formula for funding the universities based on size and cut University of Missouri's four-campus system by 30 percent, totaling $14.6 million.
Icet then redistributed that money to the other 10 universities. Ten of the schools got a 45 percent increase in funding. For MSU, it means about $4.4 million more.
But Icet's plan proposed giving Southeast Missouri State University 144 percent more, nearly tripling its share of the stimulus from $4.8 million to $ 11.7 million.
This plan to shift the money away from the MU system didn't sit well with Rep. Steve Hobbs (R-Mexico) and other members of the committee, who didn't understand Icet's unilateral decision to shift the cash. Livengood's whole story on the meeting is worth a read, but his Twitter message from the meeting tells you everything you need to know:
Read More »Rep. Icet has no real explanation as to why he took from University of Missouri and gave to SEMO State.


