budget
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 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…
June 17, 2011
Projected 2011-13 State Revenue Takes a Dive
Yesterday, the Washington State Economic Revenue and Forecast Council released a troubling update for 2011-13 state general fund revenue. Overall, the over $730 million dollars held in reserve in the recently signed budget is now projected to be only $163 million. If this trend continues, mid-year and supplemental session cuts may be likely. Please see…
May 25, 2011
No Surprises in (Nearly) Final State Operating & Capital Budgets
While the House and Senate have yet to finish sine die today, both capital and operating budgets are close to final. The UW’s operating budget cut is $207 million over the biennium. UW’s cuts are comprised of “higher education reductions” and a mandatory 3 percent, general fund state compensation reduction ($12 million per year). Compensation reductions,…
May 11, 2011
Legislature Authorizes Tuition Setting for WA Institutions
As of today, House Bill 1795 has passed both the Washington State House and Senate by wide margins and is on its way to the Governor. As outlined in our previous post, this bill gives Washington’s four year public institutions the ability to set resident undergraduate tuition rates, alongside new financial aid and accountability requirements,…
May 9, 2011
Tuition Setting
Friday, the Seattle Times published an article about a potential agreement between lawmakers to, given several years of steep funding cuts, allow Washington’s universities to set undergraduate resident tuition rates for a limited number of years and with new financial aid and accountability requirements. News of this agreement comes as the Legislature is in the…
April 19, 2011
UC System Boosts Nonresident Enrollment
Last year, the UC Board of Regents increased the system-wide cap on nonresident undergraduate enrollment from 6 percent to 10 percent based on final recommendations from the University of California Commission on the Future. Newly released 2011 UC freshman admissions statistics for all nine campuses show how aggressively UC has moved to increase nonresident enrollment…
Special Session Likely as WA Senate Passes Budget with 6 Days to Spare
The Washington State Senate passed its budget last night after adopting two floor amendments. The budget cuts, compensation reductions, and policy issues we outlined were not amended in any substantive way in the engrossed budget passed by the Senate last night. Readers can examine the evolution of the House and Senate versions in detail here and here….
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