Recent budget messages to campus
Budget update and changes to procurement card policy | May 13, 2013
Provost Mike Sherman and CFO David Cummins update the efforts to craft a balanced budget for the fiscal year that begins July 1.
Actions to increase effectiveness, efficiency and student academic success | April 16, 2013
Provost Mike Sherman and CFO David Cummins describe the actions that will help us balance our FY14 budget.
Large crowd at budget forum hears about options to close gap | March 12, 2013
Attendees learned about options to reduce cost, increase enrollment and find new sources of revenue.
The urgency for action | Feb. 18, 2013
President Proenza describes the urgent need for a forward-looking and sustainable approach to our budget.
Critical challenges and opportunities | Jan. 24, 2013
With the budget process beginning, President Proenza encourages faculty and staff for their full engagement in the budget planning process so that we can rise to meet the challenges before us.
Moody's affirms UA bond rating, upgrades outlook | Dec. 21, 2012
Dr. Proenza announces that Moody’s has affirmed the A1 rating on our bonds, while upgrading our outlook from “negative” to “stable.”
Board approves FY13 budget | July 19, 2012
Provost Mike Sherman and CFO David Cummins underscore the alignment between the new budget and the goals expressed in Vision 2020.
How you can help
Ask a question about the budget or submit an idea to help reduce cost, increase enrollment or generate new revenue.
Your ideas
WE MUST ACT as a community to reduce costs, increase enrollment and find new sources of revenue. President Proenza put out a call for ideas, and many responded.
Below is a sampling of the suggestions to our mailbox.
Online courses for local companies
Promote UA on a personal level
Partner with Tri-C and review printing costs
Use technology to cut travel costs
In the News
UA pledges to close projected budget gap, Akron Beacon Journal, March 13, 2013
A dangerous ‘new normal’ in college debt, New York Times, March 8, 2013
Financing for colleges declines as costs rise, New York Times, March 6, 2013
Students and states near a 50-50 split on the cost of public higher education, Chronicle of Higher Education, March 6, 2013
OSU president working to keep college cost in line, Akron Beacon Journal, March 2, 2013
Video: The March 12 budget forum
See the video | Download the presentation
Resources
March 12-13 budget presentation | See video
Approved general-fund budget: FY12-13 | FY11-12
Audited financial reports: FY11-12 | FY10-11 | FY09-10
Senate Bill 6 comparison 2008-12
Understanding UA finances: An overview of FY02-11 data
