HIGHLIGHTS OF THE UA BOARD OF REGENTS MEETING
NOVEMBER 1999
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University of ÐÓ°ÉÔ°æ regents voted unanimously to request $191.9 million from the governor and legislature for the university's FY2001 operating budget. The amount is $16.9 million more than the university received from the state last year. The $16.9 million increment in state general fund dollars will enable the university to obtain another $32.2 million from tuition revenue, federal grants and other non-state general fund sources. General fund support of this request is expected to increase tuition revenue by three percent. University President Mark R. Hamilton said the budget request positions the university to begin advancing ÐÓ°ÉÔ°æ's economic development by focusing on program initiatives directed at the highest priority needs of ÐÓ°ÉÔ°æ's workforce requirements and economic growth opportunities. "We're continuing the phased approach we started last year to putting the university back on track," Hamilton said. "The University of ÐÓ°ÉÔ°æ is where ÐÓ°ÉÔ°æ's future begins, and we're seeking the financial means to be the instrument of ÐÓ°ÉÔ°æ's economic growth well into the 21st Century." |
Joyce Helens, director of UA Corporate Programs, reported to the regents on the status of the new program. She said the purpose of Corporate Programs is to provide a means by which the resources of the entire university system can be utilized to provide workforce training and education programs required by business and industry in order to prepare ÐÓ°ÉÔ°æns for jobs in the state. Specifically the program is designed:
"It appears that the University of ÐÓ°ÉÔ°æ is the first higher education institution to establish a Corporate Program," she told the regents. "Several people at the conference told me that UA can be the mentor university to demonstrate how it's done," she said. In other actions, the board approved a Regents' scholarship program . . . okayed the university's annual land management development plan... received a presentation on Partners in Science, a project which links K-12 students and teachers with math and science professionals at ÐÓ°ÉÔ°æ. The program is a partnership between ÐÓ°ÉÔ°æ and the Fairbanks North Star Borough School District... heard a report on the new ÐÓ°ÉÔ°æ Process Industry Careers Consortium, an industry-led partnership with education to help develop a skilled ÐÓ°ÉÔ°æ workforce.
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Chair Vice Chair Secretary Joshua B, Horst (1999-2001) Board of Regents Office Jeannie Phillips
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The University of ÐÓ°ÉÔ°æ Board of Regents is the governing body responsible for university policy and management through the president. Regents are appointed by the governor for eight year terms, subject to legislative confirmation. A student regent is appointed for two years from cantidates nominated on each campus. (Regents' terms of office shown in parentheses) Click for a PRINTABLE copy |
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February 17-18, 2000 |
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The university is requesting
the increment funding in four components:
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Published after each Board of Regents' meeting by the Office of Public Affairs, 206 Butrovich Building, P.O. Box 755340, Fairbanks, AK 99775-5340. (907) 474-7272. E-Mail: syserve@orca.alaska.edu. Written by Director or Public Affairs Bob Miller, Electronic Layout by John Hall, Original Layout by Kate Wattum. |