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Explore the $101.5 million budget cuts affecting universities, the state's disinvestment in higher education, and the consequential student impact. Discover proposed solutions to address these challenges.
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FY16 university budget cuts $99 million IN HARD CUTS +$2.5 million BOND REFI SAVINGS =$101.5 million
Of hard cuts in the state budget, the universities’ share is: 63%
The pain doesn’t stop there. Arizona Health Insurance Trust Fund adjustment: $148 million HITF TRANSFER TO GENERAL FUND IN FY16-17 $45 million ESTIMATED UNIVERSITY SHARE
State cuts and obligations since ’08: $1.5 BILLION $ 505 million STATE GENERAL FUND REDUCTIONS $ 200 million OWED IN ROLLOVERS $ 728 million BUILDING RENEWAL SHORTAGES $ 103 million HITF SHARE
State disinvestment in higher education: university spending as percentage of general fund