Recent economic headwinds and policy changes have led to proposed or enacted cuts to public university and college funding across at least 15 states this year.
The university wants to cut nearly $100 million from its budget starting July 2025. It's a strategy leaders hope will provide long-term stability amid ongoing budget woes.
"As a result of our budget decisions, the university will be in a position to allocate sufficient funds to ensure no college starts FY 2025 in a budget deficit," University of Arizona President Robert Robbins wrote in an email to the community ahead of the board meeting.
"We're about to fall off that cliff," said Higher Education Co-Chairman Gregg Haddad referring to the reliance the state system placed on one-time federal aid investments, such as the American Rescue Plan.
