Regents' Iown U. Budget Cut Trims University Funding
Lawmakers debate 1971 72 and 1972 73 appropriations for the University of Iowa and Iowa State University as Rep. Gluba denounces anti education action and Gov. Ray’s recommended 210 million budget faced shifts. The house adds 825 thousand for regents liability with a senate fight looming.
MENTIONED IN THIS ARTICLE
Small
William Gluba
D. Davenport
Board of Regents
Wale Tieden
H- Rikader
University of Towa
Towa
Tieden
Robert Ray
Senate Fight
House
University of Iowa
General University
University Hospitals
Psychopathic Hospital
Bacteriological Laboratory
Towa State
Agricultural Experiment Station
Cooperative Extension Service
University of Northern Town
Towa Braille and
Iowa lawmakers weigh regents budget amid tuition fears
The Iowa House approved a 200.7 million dollar budget for state regents institutions for 1971-73, with 67 votes for and 23 against. Critics warned the plan could trigger tuition hikes, reduce faculty, and end programs, citing health science campus slows and lab schools impacts.
MENTIONED IN THIS ARTICLE
Des Moines
Lowa House
State Board’ of Regents
Tax Pact plans local tax changes and funding shifts
The plan allows districts to raise costs per student up to five percent of last year’s budget tied to state growth, with no levy beyond 1970-71 millage. State aid would cover buyout costs for up to three years, and districts may seek a local income surtax with voter approval for higher education funding. It expands low income elderly relief and doubles homestead exemption, with adjustments to income ceilings and school program reimbursements. municipal and county funding was reduced to five million.
MENTIONED IN THIS ARTICLE
Susan Ammeter
Cnty
Christian Doctrine
Mt. Mercy College
Cherry-Burrell Sales Rise but Profits Shrink in 1971
Cherry-Burrell Corp reported six month 1971 sales of 16.799 million up from 16.522 million a year earlier, yet half-year profits fell to 188 thousand from 359 thousand. For the April quarter net sales were 8.829 million, down 7.44 percent from 9.55 million. quarterly income slid to 67 thousand from 275 thousand.
MENTIONED IN THIS ARTICLE
Cherry-Burrell Corp
Food, Dairy, Beverage and Chemical Industries
Bryan 8. Reid, Jr
R. H. Lutz
May Commercial Debits Total Over 306 Million
Commercial debits reached 306,723,565 in May as reported by the clearing house. The month shows a drop from April 348,826,004 and a rise from May of last year 276,797,052. year-to-date totals stand at 1,556,331,866 with 1970 comparisons noted.
MENTIONED IN THIS ARTICLE
Regents
R. Wayne Richey
Richey
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