Funding recommendation by Board of Trustees

FTI~UM’s Board of Trustees approved and published a funding recommendation for bargaining parties when the approved their annual budget.  The recommendation is that bargaining parties “consider at least a 1% of package contribution to the Finishing Trades Institute of the Upper Midwest“.   The recommendation also carried that “language specifically reflecting the percentage, rather than specific cents per hour be incorporated into the CBA’s”.  The recommendation’s intention is to give guidance to bargaining parties that aligns with the current and near future funding needs to carry out the training strategy of the Board of Trustees.  The current recommendation of 1% is at the same level as recommended last year.  Currently most of the current CBA’s are at or above the 1% level, however, several CBA’s have not reached the 1% level of funding yet.

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