Budget and Related Matters Agreement
Governor of the State of Alaska
and
University of Alaska Board of Regents

The Governor and the University of Alaska?s Board of Regents share an interest in the
University?s contributions to Alaska?s prosperity and in supporting the University?s goals for the
state?s economic development, workforce development, research, educational attainment, and
cost effectiveness.

In support of that shared interest, the Governor and the Board of Regents agree to the following

terms:

1. In the State budgeting process, the Governor will propose, support, and permit the following:

A. Operating Budget

FY 2020 $302 million (?25 million from FY 2019)
FY 2021 $277 million (-25 million from FY 2020)
FY 2022 $257 million (-20 million from FY 2021)

Capital Budget
FY 2020 $5 million

FY 2021 Facility deferred maintenance TBD
FY 2022 Facility deferred maintenance TBD

2. With Respect to Land Grants to the University

Both parties will continue their efforts to remedy the University?s land grant de?cit.

3. In Recognition of the agreements and commitments above, the University of Alaska commits
to the following:

The University will report to the Office of the Governor and the Alaska Legislature no later
than December 4th of each of the three years of this agreement regarding progress the
University has made toward its strategic goals and on the following priorities:

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Operating cost reductions.

Administrative overhead reductions.

Strengthening the role of community campuses.

Growth in monetization of University assets.

Enrollment and degree/certi?cate completion rates.

Campus safety and regulatory compliance.

Research income increases.

Other non-state income increases, e. tuition and philanthropic gifts.

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Budget and Related Matters Agreement
Governor of the State of Alaska
and
University of Alaska Board of Regents

i. Development of UA lands.
j. Technology investments to lower costs and increase access.
k. Structural consolidation and consideration of single accreditation.

4. In recognition of the agreements and commitments above, the Governor commits to the
following.

The Governor will:

Support budgeted amounts agreed upon.

Support expanded dual-enrollment of college-ready high school students.

Support FAFSA completion of high school students.

Continue support for the Alaska Performance Scholarship and Alaska Education Grant
programs.

Explore more appropriate structure for WWAMI appropriation.

Be open to discussions surrounding inter-appropriation transfers (FY20) and pursue
single-appropriation structure consistent with the Board of Regents? constitutional
authority (FY2 1 

g. Continue $1.2 million each year of the agreement for facility debt reimbursement.
h. Support land grant transfers.

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Support increased collaboration between state agencies and the University.
Consider other budget items that support University transformation.

This Agreement expires by its own terms, effective three years from the date of signing, and may
be extended by mutual agreement in writing.

For the Of?ce of the Governor: For the University of Alaska,
Board of Regents:

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Michael ?Dunleavy Date 11 M. Davies
Governor Chair

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