UW's surplus issue is one of transparency
The state’s Legislative Fiscal Bureau released an audit report April 19, which revealed the University of Wisconsin System had a budget reserve fund of over $1 billion. This surplus has sparked some very heated discussions over the past few weeks, mainly due to the fact that tuition rates have been increasing by 5.5 percent each year for the past six years, all while the UW System has been amassing a seemingly large reserve.