Mississippi's eight public universities want an additional $72.4 million in budget year that starts in July 2014.
Higher Education Commissioner Hank Bounds told the College Board Thursday the schools need money to increase faculty salaries and cover pension contributions.
State money to universities will fall $32 million to $670 million in the 2013 budget year beginning this July 1. Writing the 2014 budget begins this fall, as legislative leaders consider requests.
Board projections call for using $14 million to pay increased state pension contributions. The Mississippi Legislature paid the higher pension costs for many other agencies in the 2013 budget.
Up to $40 million more would go to increasing faculty salaries. Bounds says Mississippi university salaries have fallen further behind those in other southern states over the last decade.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.