FY24 Budget

FY24 State of Alaska Budget

In June 2023, Governor Dunleavy released the State of Alaska FY24 budget. UAF’s FY24 financial position improved with requested base funding for compensation as outlined below:

Base Operating Budget
The UA System received $19.6 million in compensation increases for faculty and staff and includes:

  • $6.4 million for supplemental FY23 and retroactive pay increases.

  • $13.2 million for a 2.75% compensation increase for faculty and staff in FY24.

Of the combined total ($19.6 million), $9.4 million will come to UAF.

As part of the budget setting process, the governor reduced what the legislature passed for UA by using line item vetos. Included in the governor’s UA vetoes were high priority program requests and some deferred maintenance capital projects. Addressing these priorities remains a top concern. 

Capital budget
UAF initially did not receive any capital funding for deferred maintenance. However, UAF was awarded $2.3 million in supplemental funding for deferred maintenance after the legislative session concluded. 

Also included in UAF’s capital budget is $2.5 million in non-general funds/receipt authority for the University Park Early Childhood Development Center. This receipt authority means that UAF can receive funds from an external source, should such a partnership be developed.

Research and Workforce Training
The UAF Alaska Center for Unmanned Aerial Systems received $10 million of additional investment to support its ongoing work in researching, developing, testing, and eventually implementing commercial drone operations. This funding will help ensure ACUASI becomes the premier drone research center in the United States and helps to fuel the state economy.

UAF also received $500,000 in support of Alaska Food Security and Independence agricultural research to address increasing food security demands through the Institute for Agriculture, Natural Resources and Extension.

FY24 UA BOR Approved Operating and Capital Budgets - Yellowbook

FY24 UA BOR Approved Operating Budget Request
In November 2022, the Board of Regents approved UA's FY24 operating budget request at $319.9 million, an increase of 8.4 percent from the FY22 level of $295.1 million. This represents a stable base level of state funding that includes modest increases for compensation, other operating fixed cost increases, and programmatic needs to build capacity for Alaska's workforce.

FY24 UA BOR Approved Capital Budget Request
The BOR approved capital budget request includes $72.3 million for UA deferred maintenance (the UAF portion is approximately $38.5 million, if funded). The UA System FY24 capital budget request also includes $21.2 million for facilities modernization, which includes two UAF facilities: Lola Tilly Repurpose for Student Engagement and University Park Early Childhood Development Center.

FY24 UA Operating and Capital Budget Requests - Redbook

FY24 UAF Operating Program Budget Request
UAF's FY24 programmatic operating budget request is crafted with three major theme areas in mind: faculty capacity for teaching and research, enrollment and retention, and workforce development. It is centered on UAF Strategic Goals, UA Goals and Measures, and incorporates guidance issued by the UA System. UAF also requested fixed cost increases for funding in compliance and critical support areas for emergency response services and dispatch, IT capacity, NCAA/TIX and employee onboarding. The UA Board of Regents approved this request in November 2022.

FY24 UAF Operating Program Budget Request - Approved November 2022

FY24 budget guidance provided by the UA System Office asked for the universities to consider the following guidelines that will be used to develop the overall FY24 budget request:

  • Priority focus areas as provided in the goals and measures
    • Increase enrollment through retention in degree programs for Alaska’s workforce
    • Develop workforce and focused economic development initiatives
    • Promote Arctic policy, research, and leadership
    • Strengthen teacher education through the Alaska College of Education Consortium
    • Advance the Alaska Native Success Initiative
    • Build finance industry partnerships to expand business workforce
    • Increase fisheries and ocean sciences presence in Southeast Alaska
    • Revise business models for efficiency and modernization
  • Stability
    • Staff and faculty compensation necessary to attract and retain quality employees
    • Other fixed-cost funding
    • Bridge funding as enrollment rebounds
    • Key program investments for economic return
    • Expansion of WWAMI program
    • TVEP programs mature to UGF funding
    • Fund balance 4% (± 1%) of operating expense
  • Revenue
    • Earned revenue transition to greater revenue contributor
    • Partnership opportunities
    • Infrastructure package opportunities
    • Enrollment/Tuition (including dual enrollment)
    • State funding environment
  • Capital funding for deferred maintenance and renewal projects
    • Governor and Legislative Opportunities
    • Elections
    • Address rural campus bandwidth issues
    • Address IT/Broadband redundancies and resiliency
    • Timing issues with eligibility for Alaska Performance Scholarship (APS) and Alaska
    • Education Grant (AEG)
    • Consider advocating for student loan forgiveness
    • Consider advocating for K-12 (e.g. middle college legislation)
  • Key Communication Areas
    • Continue to rebuild public trust in the university
    • Affordability/Accessibility
    • Quality and Value of Higher Education
    • UA's contribution to the fueling of Alaska's Economy & in meeting state workforce needs
    • Impact of research in solving issues important to Alaska and the world

FY24 Federal Appropriations

This is an update on the status of UA’s FY24 federal earmark and plus up requests; it does not include updates about programmatic requests. If Congress passes a Continuing Resolution (CR) that does not mean UA will have access to any earmark or plus up funding. The only way UA can gain access to those funds is if Congress passes the relevant appropriations bill with the specific funding designated in it. Ideally that will occur before the end of the calendar year. 
 
See UAF's list here.
This is an update on the status of UA’s FY24 federal earmark and plus up requests; it does not include updates about programmatic requests. When reviewing the spreadsheet, focus on the amounts in the FY24 Senate Amount column. These are the amounts that will likely be the final amounts when the FY24 appropriations process is completed, which ideally will occur before the end of the calendar year.
 
See UAF's list here.

Update as of May 2023

This is an update on the status of UA’s FY24 federal earmark requests only - not plus up or programmatic requests. Information regarding plus up and programmatic requests are not public until the relevant appropriations bill has been released (expected this summer).

For FY24, UAF requested 11 earmarks for $39.2 million. Senator Murkowski and Congresswoman Peltola requested the Appropriations Committees fund four UAF earmarks for $13.6 million, which include UAF’s top two requests.The next step in the process will be for the Appropriations Committees to decide to fund the requests or not. We are hopeful we will know what the committees decide sometime this summer. Individual POCs for each project were contacted by Federal Relations about the respective status.

See UAF's list here. 

Update as of February 2023

The federal fiscal year 2024 is from October 1, 2023 to September 30, 2024. The UA system has completed consideration of proposals for FY24 federal appropriations requests. Below is a list of UAF's FY24 appropriations requests that will be presented to the Alaska Congressional delegation. 

FY24 Federal Appropriations - Approved Feb 2023

Each proposal has been approved through the UAF Chancellor's office and the UA President's office, among others. 

Unfortunately, if you do not see a proposal you submitted on this list that means it did not make it through the process. The primary reasons proposals did not move forward are eligibility issues and competition among all proposals received within the UA system. Please contact John Latini, Director of Federal Relations, to inquire why a proposal did not move forward. His email address is jalatini@alaska.edu.

In the coming weeks, the entire UA system's FY24 appropriations requests will be presented to the Alaska Congressional delegation for initial feedback. At that time, it is possible proposals will be eliminated due to lack of viability with the Alaska Members of Congress or changes to the eligibility rules set by the Congressional Appropriations Committees. After initial feedback, viable proposals will be submitted to the appropriate Alaska Member of Congress. The Members of Congress then decide which proposals to submit to the relevant Appropriations Committees. Ultimately, the Appropriations Committees will decide which submitted proposals will be funded. This process will likely take at least six months. We will try to provide updates as things unfold.