UW Board of Regents approves 2014-15 financial balances report

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MADISON, Wisconsin — The University of Wisconsin System's Board of Regents has approved a report detailing campuses reserves and balances at the close of the 2014-15 fiscal year.

The regents approved the report unanimously during a meeting Thursday at UW-Madison. The report now goes to the Legislature's fiance and audit committees.

The report show the system's four-year and two-year schools, UW-Extension and system administration finished the year that ended June 30 with about $923.9 million left over, including $337 million in tuition dollars.

UW President Ray Cross about $145 million hasn't been earmarked for a specific purpose and he considers that amount to the be the system's reserves.

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