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Board of Regents meeting highlights stability, growth, excellence across University System

University of Alaska Board of Regents approves FY24 Budget, sets priorities focused on Empowering Alaska

Fairbanks, Alaska (KINY) - Bolstered by growing enrollment and increased financial stability, the University of Alaska (UA) Board of Regents accepted the UA’s System FY24 operating and capital budgets during its May meeting

Alaska legislative update from Sen Stevens

Greetings from the Capitol. This year’s legislative session is entering its final weeks as we continue working on the Fiscal Year 2022 budget and key issues. As you may be aware, legislators and the administration are awaiting guidance on how Alaska will be able to use $1 billion from the federal American Rescue Plan. These rules are expected from the feds in early May, but preliminary discussions are taking place. I will update you as information becomes available on our progress.   THE BUDGET AND THE 24-HOUR RULE We anticipate the House’s version of the operating budget to reach the Senate for consideration soon. Our Finance Committee will then debate the bill before it goes to a vote of the full Senate. Eventually, a conference committee comprised of three members from each body will resolve any differences between the Senate’s and House’s budget.

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