December 2002, January, February 2003 Edition
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December 2002, January, February 2003 Edition |
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Construction has finally begun on the University West Building addition. Roth Construction Company of Victoria was awarded the construction contract. With the assistance of UHS Facilities Planning and Courtney Harper & Partners Architects of Houston, and if weather permits, this project should be completed by January 2004. As you may have noticed, there are some changes that are necessary for construction such as limited parking in the UW/UC parking lot. Budget reductions of 7% in State Funds have been mandated by the Governor and State Legislature for this year. Reduced State appropriations could possibly be the case for the next biennium (2004 & 2005). With Budget Hearings completed, the Budget Committee has the difficult job of decided what new requests will be funded. The objective is to ensure that the growth that we are experiencing is not negatively impacted. At this early point in the Legislative process, we cannot predict with any accuracy the amount of State funds that will be appropriated to UHV. New Student E-mail Server: In January, the new student e-mail server was brought on line, providing students with web-based e-mail. Information and |
on-line instructions are on the Information Technology Student E-mail Services web page at: http://stu.uhv.edu Student accounts are no longer supported on the old student
e-mail server, Cobalt.vic.uh.edu, and it will be retired in the near future. It's not too late to contribute to an IRA for 2002 If you have earned income, you can almost certainly contribute up to $3,000 to an IRA until April 15 that may be deductible on your 2002 tax return.. If you're age 50 or older, you can contribute up to $3,500 to an IRA. You can deduct the full IRA contribution for 2002 if you adjusted gross income is less than $34,00 for single, or less than $54,000 for married filing jointly. If you can't make a tax-deductible contribution, you may still be able to open a Roth IRA. Roth contributions are not tax-deductible, but you can reclaim then tax-free anytime. If you own the account five years and are at least 59 1/2, you can also withdraw earnings without paying taxes or penalties. To open an IRA, you can visit any financial institution for more information. |
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