UW Budget
December 14, 2011
House Passes Early Action Savings Bill
In short order, the House of Representatives introduced, passed out of committee, and passed out of their chamber, an early action savings bill nearly identical to the Senate bill we covered earlier. Note that there are no material changes for higher education (including the UW) in the House version of the bill. It is largely…
December 12, 2011
Legislature Poised to Take Early Action to Achieve Limited Cuts
At 3:30 PM today, the Senate Ways & Means Committee will hear an early action bill addressing 25% of the current $2 billion deficit in the form of $323 million in budget cuts and $106 million in fund transfers. Both chambers are expected to move legislation forward quickly in order to sine die at the…
November 21, 2011
Governor Cuts UW Funding by $37M, Proposes Offsetting Tax Increase
The Governor’s budget office released the first supplemental budget proposal today, further reducing state expenditures for the 2011-13 biennium by $1.7 billion. All told, higher education institutions would absorb about nine percent of the total cut. Under the Governor’s proposal, each of the state’s six baccalaureate institutions would receive 16-17 percent cuts in state funding for…
November 17, 2011
State Revenue Down Again as Governor Prepares Budget
Released this morning, the November state revenue forecast indicates that the state is short another $122 million below needed revenue for the current biennium. Dr. Arun Raha, Executive Director of the Economic Revenue and Forecast Council, wrote that uncertainty over Southern Europe’s debt crisis and potential political gridlock in Washington, D.C., produced largely expected economic results…
October 27, 2011
Governor’s Budget Options Include 20% UW Cut
The Governor released a preliminary list of potential budget reductions for FY13 today. The list includes a set of severe cuts across state government but demarcates which reductions she would include in her formal November budget. For higher education, the Governor would cut colleges and universities 15 percent in FY13 and suspend the State Work…
October 26, 2011
New from OPB
Make sure to check out the following recent additions to the website: Updated printable UW Fact Cards for your wallets and pockets and new UW Fast Facts! Please let us know if you have any questions. Updated brief on Institutional autonomy among UW peer institutions across the US. Final Decision Summary and Overview report on…
September 22, 2011
Governor to Call November Special Session
Governor Gregoire announced that she will call the Legislature back to Olympia for a 30-day special session at the end of November after the next revenue forecast is released. Gregoire will outline her expectations for the special session during a press conference this morning, which will be aired on TVW. A November 2011 special session is…
September 16, 2011
$1.4b Deficit Opens up for 2011-13 in WA
On Thursday, September 16, the Washington State Economic and Revenue Forecast Council (ERFC) released its quarterly update of State General Fund Revenues. The forecast reduced expected revenue for the upcoming 2011-13 biennium to $30.3 billion, $1.4 billion less than the previous forecast released in June. A deficit of this magnitude is expected to necessitate another…
September 7, 2011
Higher Ed Budget Cuts in WA Among Highest in the US
The American Association of State Colleges and Universities’ (AASCU) July 2011 State Outlook confirms that most states cut higher education spending for fiscal year 2012. For some states, this is the third or even fourth consecutive year of higher education spending cuts. Also unsurprising, AASCU identifies the 23 percent funding cut for higher education in…
June 30, 2011
UW Regents Approve Budget, Tuition for 2011-12
During a special meeting this morning, the UW Board of Regents unanimously approved 2011-12 tuition rates, the FY 2012 operating budget, and the FY 2012 capital budget. In their first exercise setting tuition rates without caps imposed by the Washington State Legislature, Regents approved a 20 percent increase (or $1,624) for resident undergraduate tuition rates…
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