A state legislative budget cut for the regent universities and a property lease proposal on ISU property were discussed during the state Board of Regents meeting Wednesday and Thursday in the Scheman Building.Frank Stork, regents executive director, said the Iowa Legislature is proposing a $40 million state budget cut, equivalent to a cut of $3.3 million for Iowa State.”Education takes a pretty hard hit under this proposal,” he said.However, Stork said he does not believe Iowa Gov. Tom Vilsack thinks the cuts are necessary. “Gov. Vilsack has made it clear, as far as we know, as of today, that he does not think that current-year deappropriations are necessary to deal with the current shortfall in projected revenues for the current year,” he said.The budget cut will be a decrease of about 1.25 percent from the original Legislature appropriation, Stork said.”A very high proportion of our money is already spent,” he said.Regent Clarkson Kelly said although he can’t speak for the board, he believes a tuition increase is a possibility for next year.”If this continues on the following year, we’ll have to seriously consider a substantial raise in tuition,” he said.ISU Interim President Richard Seagrave also said the cut will cause major problems for the universities.”If you believe in quality, access and diversity, this is really bad news,” he said. “How do we possibly find $3.3 million in four months?”The money would most likely have to come from support services, such as extension, Seagrave said. “Unfortunately it’s those very support services that are essential to us in improving retention,” he said.Seagrave said there will be serious consequences if cuts continue into next year’s state appropriations. “It means many of the things we’ve made a serious commitment to our students to do can’t be done,” he said. “It’s not a pleasant picture for us.”The regents also approved a lease of ISU property at South 16th St., east of Elwood Drive and Jack Trice Stadium to Walter/Randall Associates for a new golf course.Warren Madden, vice president for Business and Finance, said the course would be located on the Squaw Creek flood plain, which is now used mainly for farming.”We think this would enhance the entrance to the university areas,” Madden said. “It appears there is a demand for this kind of facility.”Despite his confidence in the project, Madden said there are community groups who have concerns about a golf course being built.Elizabeth Andre, ISU graduate and member of Ames Vision 2020, asked the board to postpone its decision, and said community groups should be able to voice their concerns to the board.”No one has had the opportunity to hear from community groups,” she said.However, Madden said the best time for community groups to voice their opinions is during the city zoning process because the use of the land has not yet been brought to the city for approval.”It’s up to the developers to move this project forward with the community,” he said.