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Legislature to vote on U funding bill

From the MN Daily:

The state House is set to grant the University close to three-fifths of the requested amount for capital improvements by taking on $121 million in debt for the University system.

The House Ways and Means Committee sent the omnibus capital investment bill to a floor vote Monday afternoon, but University officials said they hope the final figures will resemble more closely those of the Senate.

The House proposal would give the University about $32 million less than the Senate bill. University Chief Financial Officer Richard Pfutzenreuter called the Senate funding “much better.?

“We asked for what we need, and the ultimate numbers are probably a tad low compared to what I think we typically get,? Pfutzenreuter said.

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