UNM’s Board of Regents will take its first step to determine tuition increases and approve an operating budget for 2012.

The meeting starts today at 9 a.m. in SUB Ballroom A. The hot topic: agreeing on a tuition increase. The increase is expected to be between 5 and 8 percent.

The Regents Finance and Facilities Committee will approve a budget and present it for vote by the full board during its Tuesday meeting.
Andrew Cullen, vice president at UNM Planning, Budget and Analysis, will present final budget recommendations to the committee.

Last month, UNM President David Schmidly presented a budget plan to the full Board of Regents that would increase tuition by 8.6 percent. The regents requested lower tuition rates.

Regent Jamie Koch said the regents shouldn’t increase tuition more than 5 percent.

Koch is on the Finance and Facilities Committee, along with Don Chalmers and Gene Gallegos.

The committee will look to approve more than $16.6 million in capital projects, including $9.5 million to create a complex for the Center of Molecular Discovery and $4.6 million to improve the Department of Emergency Medicine.