University of Alaska Board of Regents meeting takes a look forward at 2023 budget

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University of Alaska leadership stressed stability during a UA Board of Regents meeting on Friday. The meeting opened with a discussion with consultant Dennis McMillian and wrapped up with a look ahead to the UA system budget for the 2023 fiscal year.

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“One of our messages is we’re turning the corner,” UA Interim President Pat Pitney said during Friday’s meeting. “But it’s far. This doesn’t get us out of the woods. I talk a lot about, we have a rebalancing year. ... We have areas where we know we’ve reduced too much, and have gone into the bone and we’re going to have to bring some capacity back. We have other areas where we have taken action but savings are yet to materialize because of the lag time from the action to the resulting savings.

 

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