The Board of Regents, State of Iowa met last week. The key item on the agenda was the fiscal 2013 appropriations request, which was unanimously approved as presented. It is important to note that the appropriations request needs to be approved by the Iowa General Assembly during the next legislative session.
Budget Entries from FY 2010
Today I presented an overview of UNI's fiscal 2012 budget to the Board of Regents, State of Iowa. I stressed that UNI has a bright future, but we are faced with financial challenges that clearly set us apart from our sister Iowa public universities.
The Iowa General Assembly has approved the fiscal 2012 state appropriations. Pending Governor Branstad'
’s approval, the university can finalize its fiscal 2012 budget. Your patience during this unusually long budget process is appreciated.
The Board of Regents, State of Iowa, voted yesterday to increase 2011-2012 tuition by 5 percent. We understand and appreciate the challenges tuition increases create for students and families. We will continue to invest in set-aside money for financial aid to assist our students in financing their education.
While a tuition increase is not something we take lightly, it is necessary to help maintain our focus on maintaining quality programs and progress to graduation, while managing the budget.
Feb. 9, 2011
Iowa State Capitol
Gloria Gibson, executive vice president and provost; and interim president, University of Northern Iowa
Over the past three weeks, the parameters of our budget situation have started to be defined. First, the Iowa House of Representatives passed a deappropriation bill, which if passed by the Senate and signed by the governor, will have a profound effect on UNI. The bill would cut $10 million from the Regents institutions for the current fiscal year -- that equates to a $1.66 million cut for UNI. The bill also would cut another $15 million from the public universities for each of the next two fiscal years.
Since the beginning of fiscal 2009, on the heels of a national economic crisis, managing the university's General Education Fund operating budget has required all of us to work together to overcome numerous hurdles. These economic challenges are likely to follow us through the current year and well into fiscal 2012.
The 2010 Legislative Session adjourned Tuesday, March 30. Unique to the legislative session this year was a supplemental appropriation to UNI for fiscal year 2010 for $5.2 million. Included in the supplemental appropriation bill was a provision stating that UNI may carry forward any unencumbered funds of the $5.2 million into fiscal year 2011.
The Iowa Revenue Estimating Conference yesterday projected an increase in state revenue of $900,000 for fiscal 2010, and $33 million for fiscal 2011. This equates to slightly less than a 1-percent increase in growth for fiscal 2011.
The Board of Regents, State of Iowa, voted yesterday to increase 2011-2012 tuition at the three state universities by 6 percent. While a tuition increase is not something we take lightly, it is necessary to help maintain our focus on maintaining quality programs, progress to graduation and campus safety. Even with this increase, UNI still faces a challenging budget situation for fiscal 2011 that will become more clear as the Iowa General Assembly takes action on the state's budget.
Gov. Culver released his budget recommendations for fiscal 2011 last week. Included in his budget are recommendations for restoring some $31 million to the Regent institutions. This is a welcome sign of support, however, we need to remain cautiously optimistic as the Iowa General Assembly continues its work on the budget.
Over the last several months, the campus community has been busy executing UNI's budget reduction strategies approved in October by the Board of Regents, State of Iowa. Much progress has been made, and I appreciate your flexibility, patience and determination through these challenging budget times.