UAF Budget Request Status
UA submitted its FY18 budget to the Board of Regents (BOR) in November 2016. The UA request went to Governor Walker's office in December 2016 for consideration and his budget was released shortly after. The Governor's initial budget served as a starting point for the legislative session. After much negotiating, the Legislature eventually passed a UA budget of $317 million.
UAF’s portion was about $158 million, down $4.5 million from last year. While we were relieved that the worst-case scenario didn’t come to pass, the funding reductions and fixed cost increases meant UAF needed to reduce unrestricted spending by an average of about 4.4 percent this year. Some strategic investment funds, available through the UA System, have provided some relief in targeted areas but does not alleviate UAF’s rising fixed cost obligations.