Regents approve $4 Billion budget - KWWL - Eastern Iowa Breaking News, Weather, Closings

Regents approve $4 Billion budget

WATERLOO (KWWL) -- The Iowa Board of Regents have approved a more than 4 billion dollar budget for next year.

However, several members are voicing concerns over changes in retirement contributions at the state's three public universities.

Earlier this year, the University of Iowa, Iowa State University and the University or Northern Iowa cut retirement contributions from 10 percent to 8 percent as part of budget cuts.

Since then, Iowa State boosted contributions to 10 percent and UNI increased funding to 9 percent.

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