budget
February 28, 2012
Senate Budget Protects Current UW Funding Levels
In FY09, the UW’s state funding appropriation was $401.7 million and while the upcoming fiscal year’s (FY13) state funding level could be $214.4 million, the Senate budget released this morning would not cut current levels further. For the first time in several years, the UW may experience a flat budget, without new reductions. While funding…
February 21, 2012
House Budget Proposal Cuts UW $13.5 Million
House Ways & Means Chair Ross Hunter released the House supplemental budget proposal today, reducing state expenditures, making fund transfers, delaying payments, and capturing fund savings to deal with the current 2011-13 biennium shortfall of $1.05 billion. The Governor released her budget November 21, 2011, before the February 2012 caseload and revenue forecast improved the…
February 17, 2012
House Republicans Release Budget Proposal
While we anticipate operating budget proposals from House and Senate Ways & Means Chairs next week, the House Republican caucus released its version of an operating budget today. Note that this proposal is not binding; it is a list of House Republican funding priorities. These priorities focus on funding K12 education, including funding for all-day…
February 16, 2012
Charitable Giving to the UW Increases 17.3 percent in 2011
In a press release, the Council for Aid to Education (CAE) reported that giving to universities rebounded in 2011, raising $30.3 billion, an 8.2 percent increase over last year (4.8 percent, adjusted for inflation). The top 20 fundraising institutions, of which the University of Washington is number 14, received a total of $8.24 billion in…
February 2, 2012
WA Presidents, Business Leaders Gather to Discuss Public Higher Education
In a Town Hall Seattle meeting last night, Washington’s six public baccalaureate university presidents and business leaders from REI, Boeing, and Microsoft gathered to discuss unprecedented cuts to Washington’s public institutions and generate energy for the Seattle Times’ Greater Good Campaign. Organized by the Seattle Times and funded in partnership with local businesses, the campaign…
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…
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