UConn Budget 2020 - 2021

On February 10, 2021, the Governor released his proposed budget for the FY22 & FY23 biennium, which begins on July 1. The budget shows a commitment to funding higher education generally, which is important to the vitality of our state and communities.   The below chart details UConn and UConn Health’s budget requests compared to the Governor’s proposed budget.

*FY23 Biennium Requests for both UConn and UCH include funding for the 27th payroll and workers compensation. UConn’s request also includes funding for operations and maintenance of new buildings.

**FY21 allotment reflects an increase of $50M for Deficiency requests (total request was $72.7M – FY21 $53.8M and FY20 $18.9M).

***Governor’s budget referred to as temporary operating support. Original Request was $62.8M and $65M. The above amounts have been updated to best estimates at this time. Amounts could materially change when the actual rates are published by the Comptroller.

 

UConn

The block grant operating funding proposal is $202.8 million in FY 22 and $207.8 million in FY 23. Our request to OPM was FY 22 – $210.3 million and FY 23 - $220.1 million. This leaves us short in FY 22 $14.3 million and in FY 23 $23.6 million, when including fringe.

Both fiscal years see the annualization of $2.5 million in hold backs ($4.8 million with fringe) from previous years.  $1.3 million ($2.5 million with fringe) is added in both fiscal years for FY 21 Collective Bargaining Increases (CBI’s). 

No funding is provided for the state’s unfunded legacy costs.

The proposed budget maintains funding for the Roberta J. Willis Scholarship program which provides need and merit-based student financial aid to Connecticut students attending the state’s public and private colleges.  UConn received $9.7 million from this fund in 2020.

 

UConn Health

The block grant funding proposal is $173,692,617 in FY 22 and $133,816,565 in FY 23. Our request to OPM was FY 22 – $199,497,809 and FY 23 - $206,928,119 (note – these numbers do include a portion of our unfunded legacy costs)

Both fiscal years see the annualization of $77,000 in hold backs from previous years.  $797,595 is added in both fiscal years for FY 21 Collective Bargaining Increases (CBI’s).  As requested, The Bioscience budget line item will no longer be its own line item, instead it will be moved into the Operating Expenses line item.  Workers’ Compensation funding is zeroed out and will now be centralized at DAS.

The State’s unfunded legacy costs are addressed in a similar manner as it was handled in FY20.  In FY 22 we will receive a portion of the unfunded legacy costs in the amount of $40,000,000.  This will be its own line item (the budget proposal refers to this as operating support).  In FY 23, no additional funds are provided, allowing for continued discussions on long term sustainability and exploration of a public private partnership.  UConn Health's unfunded legacy costs for FY 22 are $58.7 million and for FY 23 $60.7 million.

The budget document remains silent on FY20 & FY21 relief related to COVID-19 revenue losses and unfunded legacy cost support. 

 

Bonding

With regard to bonding, the Governor’s capital proposal maintains UCONN 2000 funding of $190.5 million in FY22 and $125.1 million in FY23 as specified in State statute.  The proposal does not include the capital funds UConn Health requested, $57.1 million in FY22 and $23 million in FY23.   The request included funding for deferred maintenance, renovations and improvements to research, classrooms, and clinical spaces and capital investments for revenue growth.

 

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Click here to see the presentation made to the Board of Trustees on September 30, 2020.