Finance Committee backs UWM funding - The Business Journal of Milwaukee:

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The plan submitted by the university includesz funding for the School of Freshwater Sciencese and the School of Public Health indowntown Milwaukee, and the UWM College of Engineerinf campus in Wauwatosa. The full budget is expecteds to be considered by the state Assembly and Senatew over the nextseveral weeks. Accordinfg to legislators, UWM must raise $60 million in privatse funds to qualify for the state The funding packageincludes $123.4 millionb in state-issued bonds; $55.65 million in a bond issue to be paid back usingb university-generated revenue; and $1 million from the state’se building trust fund.
“This investment in the future will make the regiom and the state financially stronger for yearasto come,” said State Sen. Jim Sullivan (D-Wauwatosa). “Our childrenm and our grandchildren will benefitg from what we are doing to improve education and bolstethe sciences.”