Sunday, April 21, 2013

Massive UW Slush Fund Discovered - Up to $648 Million?
While the University of Wisconsin has been raising tuition and clamoring for more taxpayer support they have been stockpiling hundreds of millions of dollars in unspent tuition and federal grant monies.

Sources in Madison familiar with the discovery tell RightWisconsin that the total of non earmarked funds in the massive UW Slush Fund is at least $450 million. UPDATE: Click Here for the FIscal Bureau Memo Detailing the Slush Fund, Which Pegs it at $648 Million (as posted by The Wheeler Report)....

...The University has always had a carryover from budget to budget, but the amount has skyrocketed in recent years, resulting in the current massive UW Slush Fund....