The university has items in state spending bills expected to be signed by Gov. Jay Inslee and in 12 federal funding bills that have been either signed or in progress.
Budget hearings with Finance and Administration staff began on March 18. Leaders will discuss the impacts of potential 1%, 3%, or 5% budget reductions as well as critical unit needs.
Washington State Gov. Jay Inslee’s 2024 supplemental operating budget proposal would provide $6 million to help WSU compete in carbon allowance auctions.
Classified staff at WSU are set to receive a 4% salary increase effective July 1. A 2.5% salary increase for faculty and administrative professionals will be going into effect Oct. 1.
The department is anticipating an $11.5 million budget deficit for fiscal year 2023 due to a combination of Pac‑12 Conference and other revenue shortcomings as well as expense overruns.
The committee will continue the next phase of the work of the Executive Budget Council in further refining the university’s ambitious new budget model.
WSU is asking campuses, colleges, and units to plan for a 6% reduction in core fund budgets amid continuing efforts to maintain the university’s fiscal health during a period of enrollment and tuition revenue declines.
Alongside requests related to employee compensation, the university is also seeking funding for new degree programs during the Washington State legislative session that begins next week.
The university’s request included $34.5 million to fund a 4% compensation increase for faculty and staff the first year of the biennium and a 3% increase in the second year.