University of Missouri system will request more than an $81 million increase in its core operating budget for the 2006 fiscal year.
At its meeting Friday, the University of Missouri Board of Curators supported the system’s plan to request $481,057,147 in state appropriations, up from the $400 million granted to the system for the 2005 fiscal year. The increase would cover costs of operating new buildings and expenditures for new scholarship and MU Health Care programs.
UM wants $10 million to fund the Student Access Program, a need-based scholarship program that would supply 688 scholarships per year worth $1,500 each. The system will also request $20 million to fund new equipment and teachers for health care education programs.
Another $50 million would be used to cover operating costs of new residence halls, the Life Sciences Center on the Columbia campus and programs to recruit professors.
The curators also gave consent Friday for the Rolla and Columbia campuses to form a limited liability corporation with the Shaw Group, a Louisiana-based management company, to help oversee nuclear research at the soon-to-be-established Idaho National Laboratory. The UM-Shaw partnership would be one of several bidders for the contract, which would earn the system $2.6 million a year if awarded.
Supporters for the contract said at the curators’ meeting that the campuses could gain invaluable access to nuclear research and develop better nuclear engineering programs by being involved with the Idaho laboratory.
UM plans to make a formal contract proposal to the Shaw Group in the coming weeks.
MU Provost Brady Deaton also announced a decision to modify the departments of entomology, industrial and manufacturing engineering, and exercise physiology on the Columbia campus. Entomology will merge with other departments in the College of Agriculture, Food and Natural Resources; industrial and manufacturing engineering will align with the College of Business; and exercise physiology will become an emphasis area in the nutritional sciences unit in the College of Human Environmental Sciences.
The merges — the result of a program audit conducted during the 2003-04 school year — are designed to increase the number of students earning doctorates in the programs and not for cost-cutting purposes, Deaton said.