(Aug. 12, 2014) --UTSA leaders have finalized a budget for the coming fiscal year that will maintain academic excellence and initiatives that promote student achievement, but will require some cost-saving measures in other areas.
The university will experience a tight operating budget for fiscal year 2015 because of last year's decline in student enrollment, which resulted in $7 million less in tuition revenues. This deficit was primarily addressed by shifting funds from other discretionary sources. However, much of the remaining discretionary funds will now be needed to cover essential operating costs, including utilities.
At the same time, the university faces other budget demands -- some of which are met without state reimbursement. One example is the Hazlewood Act. Each year, the university foregoes some $10 million in tuition and fees under the act to provide educational opportunities to the families of active and retired military members. To date, it has foregone some $40 million under this program.
UTSA is committed to Texas military families and supporting veterans’ programs into the future. In the next session of the Legislature, the university will work with state lawmakers on ways to accomplish this goal while best addressing Hazlewood’s future financial commitments.
The FY2015 budget will require the university to be more efficient at managing costs. As part of this effort, a merit increase for UTSA faculty, staff and administrators will not be included in the coming fiscal year.
The university has historically awarded merit pay increases to faculty and staff to recognize their dedication to students -- even in years when other UT institutions did not. This has also had the effect of keeping UTSA salaries on par with other leading universities across Texas. The university will continue to recognize staff and faculty excellence through promotions and tenure, and merit increases will be restored when the budget permits.
Meanwhile, university leaders are working to identify potential new revenue sources for the future.
Despite the temporary fiscal constraints, the university's priorities continue to be recruiting top faculty and students, offering transformative learning experiences and conducting impactful research.
Additionally, insights gained from last year's enrollment dip have already led to successful new recruitment initiatives for freshmen, transfer and graduate students. A record freshman enrollment is likely at UTSA this fall, and class rankings are expected to equal or exceed last year's, when 68 percent of freshmen were in the top 25 percent of their high school graduating class, and 90 percent were ranked in the top half.
The promise of a top-tier educational experience will continue to attract the best and brightest students. That experience comes from the extraordinary faculty in the classrooms and labs and UTSA staff with their unwavering commitment to serving students.
The challenges presented by the FY2015 budget will not distract from the collective focus of the university. Everyone makes a difference in the lives of students. This is one of the key reasons why UTSA is destined to be a Tier One university.
UTSA's annual sustainability festival, showcases the university’s and the City of San Antonio’s progress on researching and developing sustainable solutions to improve the quality life for future generations.
H-E-B University Center Ballroom (HUC 1.104), Main Campus
The institute will feature a performance from Eva Ybarra, the “Queen of the Accordion.” Manuel Medrano will premiere a documentary on Ybarra’s career. Two people receive free admission with a voucher available here.
Institute of Texan Cultures, Hemisfair Campus
Take the short drive up I-35 to root on your Roadrunners in this I-35 Showdown.
Bobcat Stadium, 1100 Aquarena Springs Dr., San Marcos
Get involved and register to vote. Click on the link to find out the locations on the Main and Downtown Campuses.
Multiple locations on the Main and Downtown Campuses
Learn about products and services available for studying, working, and making it to graduation! Speak directly to OIT managers, provide feedback on UTSA tech, and have your voice heard! Lunch and OIT gear provided. RSVP at: www.utsa.edu/oit/sic.
University Center, Denman Ballroom (2.01.28), Main Campus
Come meet the candidates looking to take home the crown as Mr. and Ms. UTSA 2017-2018. This is your opportunity to hear the candidates platform and learn how they plan to represent and transform UTSA.
University Center, Retama Auditorium (UC 2.02.02), Main Campus
UTSA's Friends of Shakespeare hosts this annual performance seried by Actors from the London Stage, Sept. 27, 29 and 30 at 7:30 p.m.
Arts Building, Recital Hall (ARTS 2.03.02), Main Campus
The Monks of Drepung Loseling Monastery will prepare a mandala sand painting on the main exhibit floor and offer various lectures and activities.
UTSA Institute of Texan Cultures, Hemisfair Campus
The University of Texas at San Antonio is dedicated to the advancement of knowledge through research and discovery, teaching and learning, community engagement and public service. As an institution of access and excellence, UTSA embraces multicultural traditions and serves as a center for intellectual and creative resources as well as a catalyst for socioeconomic development and the commercialization of intellectual property - for Texas, the nation and the world.
To be a premier public research university, providing access to educational excellence and preparing citizen leaders for the global environment.
We encourage an environment of dialogue and discovery, where integrity, excellence, inclusiveness, respect, collaboration and innovation are fostered.