ALBUQUERQUE, N.M. (AP) — University [auth] of New Mexico administrators have backed down from a proposal to increase student fees by 8 percent to fund libraries and athletics.
In a presentation before the state Board of Regents on Friday, administrators say they would fund a cash-strapped libraries program through a one-time allocation of general funds.
That would alleviate the burden on students, who were facing an increase in fees to pay for libraries.
UNM President David Schmidly now is proposing a $463,697 one-time fund from the general budget for libraries.
Meanwhile, The Albuquerque Journal (http://bit.ly/GL9gze) says UNM regents are in favor of a 3.75 percent increase in tuition next year.
Final action on the budget won’t come until April, but regents voted 4-1 Friday to accept Schmidly’s budget proposal.