UA Regents OK budget with $6M less than 2016

FAIRBANKS — The University of Alaska Board of Regents has approved a budget for fiscal year 2017 that cuts almost $6 million from the previous year’s spending plan.

On Friday the board approved a $909 million budget for fiscal year 2017, with $334 million in projected state funding, The Fairbanks Daily News-Miner reported.

Overall the budget is $5.8 million less than 2016’s budget, with about $16 million less in state funding.

The Alaska Legislature, meeting in Juneau, continues to struggle with revenue and spending issues in light of low petroleum prices. The university system received $350 million last year and lawmakers are looking to reduce that number.

That budget will be split between the system’s campuses, with $454 million for the University of Alaska Fairbanks, including $147 million in state funding. The University of Alaska Anchorage and University of Alaska Southeast experienced roughly the same level of reduction.

In addition to the budget, some regents are calling for a special committee meeting over the summer to make progress on completing the University of Alaska Fairbanks’ engineering building. Regent John Davies said steps need to be taken to secure a bond to pay the $40 million needed to complete the building.

“I’m concerned, though, that we do that in a fairly expedited manner so the issue doesn’t languish for the whole summer,” Davies said.

UA President Jim Johnsen agreed and said he would call for a special meeting for the full board to approve the request.

More in News

Jasmine Chavez, a crew member aboard the Quantum of the Seas cruise ship, waves to her family during a cell phone conversation after disembarking from the ship at Marine Park on May 10. (Mark Sabbatini / Juneau Empire file photo)
Ships in port for the week of July 6

Here’s what to expect this week.

Disney Williams (right) orders coffee from Lorelai Bingham from the Flying Squirrel coffee stand at Juneau International Airport on Thursday. (Mark Sabbatini / Juneau Empire)
New coffee stand at airport stirs up heated dispute about having proper authorization to operate

Fans of Flying Squirrel Espresso praise location, hours; officials say FAA violations could be costly.

Nano Brooks and Emily Mesch file for candidacy on Friday at the City and Borough of Juneau Municipal Clerk’s office in City Hall. (Jasz Garrett / Juneau Empire)
City and Borough of Juneau regular municipal election candidate filing period opens

So far, most vie for Assembly District 2 seat — mayor, Board of Education, and District 1 also open.

Killah Priest performs at the Juneau Arts and Culture Center in December 2019. (Photo courtesy of Lance Mitchell)
Killah Priest sets new record with Alaskan artists on ‘Killah Borealis’

Wu-Tang Clan rapper seeks to lift Alaskan voices and culture in his return performance to Juneau

(Michael Penn / Juneau Empire file photo)
Police calls for Wednesday, July 10, 2024

For Wednesday, July 10 Attempt to Serve At 10:06 a.m. on Wednesday,… Continue reading

Commercial fishing boats are lined up at the dock at Seward’s harbor on June 22. Federal grants totaling a bit over $5 million have been awarded to the Alaska Seafood Marketing Institute to help Alaskans sell more fish to more diverse groups of consumers. (Yereth Rosen/Alaska Beacon)
Federal grants to state agency aim to expand markets for Alaska seafood

More than $5M to help ASMI comes after Gov. Dunleavy vetoed $10M for agency.

Gov. Mike Dunleavy holds up the omnibus crime bill, House Bill 66, after signing it at a ceremony Thursday at the Department of Public Safety’s aircraft hangar at Lake Hood in Anchorage. At his side are Sandy Snodgrass, whose 22-year-old son died in 2021 from a fentanyl overdose, and Angela Harris, who was stabbed in 2022 by a mentally disturbed man at the public library in Anchorage and injured so badly that she now uses a wheelchair. Snodgrass and Harris advocated for provisions in the bill.Behind them are legislators, law enforcement officers and others. (Yereth Rosen/Alaska Beacon)
Goals for new Alaska crime law range from harsher penalties for drug dealers to reducing recidivism

Some celebrate major progress on state’s thorniest crime issues while others criticize the methods.

Juneau Board of Education President Deedie Sorensen (left) and Vice President Emil Mackey, holding his son Emil Mackey IV, listen to discussion about next year’s budget for the school district during a meeting March 14 at Juneau-Douglas High School: Yadaa.at Kalé. Recall votes for both board members were certified this week for the Oct. 1 municipal election ballot. (Mark Sabbatini / Juneau Empire file photo)
Petitions to recall two Juneau school board leaders get enough signatures for Oct. 1 election ballot

President Deedie Sorensen, Vice President Emil Mackey targeted due to school district’s budget crisis.

Most Read