How much MnSCU reserve money would be freed up?
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I asked the Minnesota State Colleges and Universities system officials just how much reserve money the Dayton deal should free up for them.
The answer I recently received:
The estimated FY2012 reserves that MnSCU holds in the state's coffers -- projected as of this month -- amount to about $94.4 million.
(I'm curious to see how much total money was on the line -- including how much tuition and other revenue would have been lost in a shutdown -- so we'll see whether MnSCU has any estimates.)
Update: MnSCU spokeswoman Melinda Voss said the system doesn't have any such projections.
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