budget cuts

Tim Ellis/KUAC

The University of Alaska Fairbanks will open the doors of its new engineering building Saturday to give the public a peek inside the gleaming glass and steel structure. Visitors can check out the engineering-on-display lab on the first floor, where construction work has been completed. But the rest of the six-story structure is still a work in progress. And workers are hustling to complete the project by the end of the year.


UAA

Permanent Fund earnings are one of the few means of paying for state government if oil prices remain depressed. There’s $7 billion in the Permanent Fund earnings reserve account, money left over after paying annual dividends and inflation proofing the fund. Tapping any money related to the Permanent Fund is highly controversial, but as KUAC’s Dan Bross reports a longtime Alaska economist says it’s time to take a serious look at using fund earnings to get through tough financial times brought on by low oil prices.

UAF

Outgoing University of Alaska Fairbanks Chancellor Brian Rogers is dispelling rumors that illness forced his recent decision to retire this summer. Chancellor Rogers, who was also a candidate to become the new president of the University of Alaska system, spoke during a wide ranging campus forum Tuesday.  KUAC’s Dan Bross reports.

The Fairbanks North Star Borough Assembly advanced a resolution Thursday that spelled out the minimum amount of money it will make available to the school district for the coming school year.  It’s a routine procedure, but this year’s resolution included some not-so-routine language that refers to big changes that may be coming in the way the borough, and the state, fund K-through-21 education.


FNSB School District

he Fairbanks North Star Borough School District Board of Education approved a three-year contract for Karen Gaborik Tuesday. Gaborik had been heading up the district administration for about a year now, and her tenure so far has been filled with challenges.


The Fairbanks North Star Borough Assembly approved a measure that allows the area school district to keep $800,000 that it would’ve been required to give back to the borough. Assembly members say the action was a small step toward helping the district cope with personnel and program cuts that district officials have proposed to deal with an $11 million state funding shortfall.


UAF

University of Alaska President Pat Gamble is anticipating budget cuts that will force the institution to downsize, and focus on its core missions.  Gamble plans to retire at the end of the 2015 school year, but as KUAC’s Dan Bross reports, he’s looking beyond his tenure to help the university prepare for the future.


UAF

A senior administrator at University of Alaska-Fairbanks is voicing guarded optimism about UAF’s budget.

uaf.edu

Fairbanks, AK - The University of Alaska Fairbanks has released a list of budget cuts to be implemented during the new fiscal year. The reductions affect a wide range of programs and services.
 

The budget actions come in response to an $8 million cut by the state legislature and an expected $4 to $6 million rise in fixed operating costs. UAF Vice Chancellor for Administration Pat Pitney says the legislative cut is being spread over numerous areas.

University of Alaska Fairbanks

University of Alaska Fairbanks Chancellor Brian Rogers and his eight member cabinet have their work cut out for them to trim the operating budget for next year. They’re looking at 12 to 14 million dollars in reductions expected to eliminate one hundred jobs. Cabinet member, UAF Vice Chancellor for Administrative Services, Pat Pitney says the University is responding to a legislatively imposed, UA system wide 5 percent personnel cut, a reduction she says is compounded by other factors.