Regents begin at 8:45 am with committee meetings:
- The Business and Finance Committee will consider approval of several contracts and agreements and hear reports on shared services, information security, and state and federal COVID-19 assistance.
- The Education Committee will consider several new programs, including three at UW-Madison — a Master of Science in Financial Economics, a Master of Science in Information and an Educational Specialist in School Psychology. The committee will also vote on the temporary suspension of the SAT/ACT requirement at UW-Madison
- The Audit Committee will hear the FY21 Audit Plan Progress Report along with summarized recent audits.
- The Capital Planning and Budget Committee will consider a renovation project at UW-Stout and hear reports on capital projects and action by the State Building Commission.
- The Research, Economic Development, and Innovation Committee will hear a report on supporting Wisconsin businesses during the pandemic from Interim President Tommy Thompson and receive updates on the economic impact of COVID-19 in northern Wisconsin and the UW-Green Bay water sciences program.
The full board meets at 12:45 pm. After hearing reports from Regent President Andrew Petersen and Interim President Tommy Thompson, the board will consider the 2021-23 operating budget and capital budget requests. Interim President Thompson announced details about the request Tuesday.
The operating budget proposal — a 3.5 percent increase over the biennium — features ten key initiatives. The cornerstone of the plan is a systemwide free tuition program, the Wisconsin Tuition Promise, for Wisconsin families earning less than $60,000 annually. The proposal extends Bucky’s Tuition Promise, a UW-Madison program created in 2018, to all UW System universities.
Other funding priorities include student loan forgiveness programs for state teachers, 20 new UW-Madison Division of Extension county-based agriculture positions, and support for the Freshwater Collaborative.