{"id":2037,"date":"2021-05-07T00:00:00","date_gmt":"2021-05-07T00:00:00","guid":{"rendered":"https:\/\/www.mtsu.edu\/blogtest\/may-7-2021-passage-of-the-2021-22-general-appropriations-act\/"},"modified":"2025-03-27T17:19:39","modified_gmt":"2025-03-27T17:19:39","slug":"may-7-2021-passage-of-the-2021-22-general-appropriations-act","status":"publish","type":"post","link":"https:\/\/www.mtsu.edu\/president\/may-7-2021-passage-of-the-2021-22-general-appropriations-act\/","title":{"rendered":"MAY 7, 2021: Passage of the 2021-22 General Appropriations Act"},"content":{"rendered":"
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Dear University Community,<\/p>\n

With the passage of the 2021-22 General Appropriations Act by both chambers of the 112th<\/sup>\u00a0General Assembly last week, I wanted to provide the campus community with an update of items impacting MTSU.\u00a0\u00a0It closely follows the recommended budget and administration amendment presented by the Governor earlier in the session.\u00a0\u00a0Outlined below are the specifics of how the passage of this budget impacts the University.<\/span><\/p>\n

Recurring Operating Funds \u2013\u00a0<\/span><\/strong>MTSU will receive $5.5 million in new funding for the 2021-22 fiscal year, which includes partial funding for a 4.0 percent salary pool to be distributed at the discretion of the University.\u00a0\u00a0Since state funding for salary increases is provided at approximately 55%, university funds will need to be added to fully fund the pool. The salary pool is composed of 2.0 percent effective January 1, 2021, and 2.0 percent effective July 1, 2021.\u00a0\u00a0I will be making recommendations to our Board of Trustees in the upcoming Finance and Personnel Committee meetings on the distribution and funding of the salary pool.<\/span><\/p>\n

Non \u2013 Recurring Operating Funds:<\/span><\/strong><\/p>\n