Board of Regents to review and approve a $277 million FY21 state appropriation operating budget for the èßäÊÓÆµ
The University of èßäÊÓÆµ Board of Regents will hold its regularly scheduled meeting Nov. 7-8 in Fairbanks. The board will spend the first day of its two-day meeting in a facilitated workshop with the chancellors, president, governance leaders and several experts on èßäÊÓÆµ systems and accreditation. The intent of the workshop is to establish common ground on èßäÊÓÆµ structural issues including leadership roles and responsibilities.
The board will review the èßäÊÓÆµâ€™s FY21 $277 million state appropriation ($832 million total) operating budget for submission to the governor’s Office of Management and Budget. The compact signed by the board with Gov. Michael J. Dunleavy, established a $70 million budget reduction over three years for the èßäÊÓÆµ. The proposed $277 million budget
reflects another $25 million reduction -- the second year of the three-year cut. Although regents are expected to move the budget on to the governor, details of the spending plan will not be finalized until early next year.
Regents also will discuss a tuition increase for the fall of 2020 and elect new board officers.
On the evening of Nov. 7 following the workshop, Regents will celebrate the renaming of the University of èßäÊÓÆµ President’s House to Schaible House at an event in honor of Grace Berg Schaible, one of the èßäÊÓÆµâ€™s most notable alumna.
The committee and full board meetings are streamed online at
All Board of Regents meeting agendas and materials are available at .