UAlbany Budget Updates
President George M. Philip announced at a town hall meeting of students, faculty and staff that the University at Albany is faced with rethinking, rebalancing and reallocating its resources to address its ongoing budget challenges. Over the past three years, the University has cumulatively experienced more than $33.5 million in cuts to its base State tax-dollar allocation, a more than 30 percent decline.
Since 2008, the campus has addressed the reductions to its revenue base through the elimination of approximately 200 vacant lines resulting from resignations and retirements, a soft hiring freeze, reductions in non-personnel expenditures and temporary service and other such short term measures.
In the current fiscal year, the University at Albany faces a reduction of nearly $12 million in State assistance.
Several questions have been asked by members of the UAlbany Campus Community. Please check the databank of frequently asked questions related to the ongoing budget challenges facing our Campus.