MADISON, WI (WATQ) - Republican lawmakers tell University of Wisconsin System President Kevin Reilly they are shocked by revelations of a $648 million surplus now sitting in the bank.
About $414 million of that comes from students’ tuition that has been raised by the maxium amount over the years.
Reilly faced criticism Tuesday at a hearing before the Legislature’s employment relations committee at the Capitol.
Senator Alberta Darling of River Hills accused officials with the system of trying to hide the surplus.
Reilly told the lawmakers the surplus serve as a safety net as the state of Wisconsin reduces the aid it sends to the system.