It’s also looking more likely there won’t be a new budget when the fiscal year ends June 30, after Senate Republicans walked away from negotiations last week. With no new state budget, the state’s spending levels would remain the same as the current two-year budget, sparing the UW system, temporarily, from any cuts. But that also would keep current state aid flat, when leaders had asked for $856 million in new state investment.
Other pressures on UW-Madison’s budget include a reduction in the amount the federal government will cover for so-called “indirect costs” of research, potentially costing UW-Madison up to $130 million a year; the cancellation of more than 90 grants and research projects the Trump administration says don’t align with its interests; less federal money and fewer research awards to compete for in the future; and questions about whether international students will be able to enroll at UW-Madison.
The budget cuts are required to maintain the university’s long-term financial viability, Mnookin and other leaders wrote.
