The Board of Regents today approved a $5.52 billion budget for the 2022-23 fiscal year. The systemwide total reflects a 3.2% increase over CU’s budget for the current year. As presented at today’s board meeting, the budget includes a 3% across-the-board compensation increase for classified staff and a 3% merit pool for faculty and non-classified staff, and makes investments in institutional financial aid, deferred maintenance in facilities, campus budget initiatives and advancing the systemwide strategic plan.
This year our state government relations team will continue to focus their efforts on state support for higher education through the budget, capital development and policy initiatives that benefit our students, faculty and staff.
Mary Coussons-Read brings no small number of perspectives to her role as chair of Faculty Council, a systemwide governance group. Her experience as a faculty member at CU Denver and UCCS naturally informs her view, as does time spent as an administrator at both campuses.