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Posted on: May 8, 2014, 3:53 p.m.
After a year of scrutiny from angry lawmakers, the University of Wisconsin System will seek budget committee approval Thursdayfor its proposal to oversee surplus funds within the state's public universities. The Legislature's audit committee already unanimously signed off last month on the proposed policy for managing and clearly explaining year-end fund balances and rainy day cash reserves. Full investment news articleRelevent to this post: University of Wisconsin Foundation,