Budget & Planning
FY20 Budget Request Status
Governor Walker released his budget in December 2018, and newly elected Governor Dunleavy has the option to submit a revised version by February 2019. The legislative session will run from January through April 2019, although in recent years special sessions have continued through June. UA contingency budget planning efforts will likely begin in January 2019.
UA will continue to communicate openly with state leaders about the importance of continued investment in higher education and UA’s ability to contribute to the Alaskan economy.
UA System Budget Submission
For FY20, the UA Board of Regents approved an operating budget request of $358 million, a 9.6 percent increase over the FY19 UA budget of $327 million. This level of request supports compensation increases, fixed costs, Title IX and campus safety, and UA strategic initiatives. UA also put forth a $50 million capital request for DM, $5 million for sustaining USArray research capabilities in Alaska (for UAF), and $2 million for digital fabrication laboratories.
FY20 Budget Guidance
In July 2018, the State of Alaska Office of Management & Budget provided early budget guidance to all state agencies to be cognizant that budget constraint is the new normal. The overarching expectation is to provide a safer, smarter, and stronger Alaska.
UAF is preparing an initial FY20 budget request in collaboration with UA and the other universities. The first review with the Board of Regents' is in September 2018, with final approval in November 2018.
UAF is making every effort to focus its remaining resources on core mission activities, and to communicate to faculty, staff and current and prospective students that UAF continues to be a strong institution with a bright future.
Please feel free to provide feedback HERE as UAF works to implement solutions to these challenges.
UA is currently also leading a review of some key academic and administrative areas in an effort to streamline operations, known as the UA Strategic Pathways review. For more information on this review please visit the website.
UAF funding comes from a variety of sources. About 38 percent is from state general funds and the remaining 62 percent comes from things like externally funded research activity, student tuition and fees, and auxiliary activities. Because a large percentage of the UAF budget comes from the state, and because the cost of doing business rises with inflation each year, even flat state funding has a sizeable effect on UAF operations. In recent years, as state revenues declined, appropriations to the university have gone from flat to reduced.
Planning & Budget Committee (PBC)
The UAF Planning & Budget Committee (PBC) is charged with reviewing and assessing options provided by the Provost and Vice Chancellors. PBC recommendations will be made to the Chancellor's Cabinet in late spring, for discussion/implementation by the fiscal year end on June 30.
In FY15, the PBC agreed to guiding principles and a decision process that included Special Program Reviews.
The PBC additionally created a UAF Vision 2020 document to guide its deliberations. Vision for the future, strategies to achieve goals and areas that may be reduced as a result, are noted. The PBC recommends this for consideration by other university evaluation committees, as applicable.