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Ch. 216 2006 LAWS OF MARYLAND
undergraduate students shall be
transferred to the fund balance of the
collecting institution and not expended.
Notwithstanding the above, any
institution that experiences full-time
equivalent student enrollment growth of
at least 5% greater than anticipated in the
fiscal 2007 Governor's budget proposal
may increase through budget amendment
its current unrestricted fund
appropriation for increased tuition and fee
revenue.
The Board of Regents shall report to the
budget committees on any institution that
experiences full time equivalent student
enrollment growth of at least 5% greater
than anticipated in the fiscal 2007
Governor's budget proposal. The Board
shall report the amount by which the
institution will increase its current
unrestricted fund appropriation through
budget amendment due to increased
tuition and fee revenue.
Provided that the appropriation herein for
the University System of Maryland
(USM) institutions shall be reduced by
$18,898,865 in current unrestricted funds
if the undergraduate in-state tuition rate
for the 2006-2007 academic year at any
USM institution exceeds the institution's
undergraduate in-state tuition rates for
the 2005-2006 academic year. USM shall
report each institution's undergraduate
in-state tuition rates for the 2006-2007
academic year to the budget committees
by July 15, 2006. The USM Board of
Regents is hereby authorized to allocate
the reduction among the USM
institutions.
UNIVERSITY OF MARYLAND, BALTIMORE
R30B21.00 University of Maryland, Baltimore
Current Unrestricted Appropriation............. 431,096,762
Current Restricted Appropriation................. 363,892,814 794,989,576
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