May 20, 2022

This Week at the Statehouse – Week 19

This week the House and Senate reached agreement on how much the state will spend from the state’s general fund in the next budget year. For Fiscal Year 2023, the state will spend a total of $8.2059 billion from the general fund.  This is an increase of $81 million when compared to the current fiscal year.  The subcommittee budget targets are divided as follows:

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The Senate came back to session on Wednesday and voted all nine budget bills out of Senate Appropriations Committee. Here is what is agreed to on the budget bills that affect UNI:

HF 2564 ECONOMIC DEVELOPMENT – FY 2023

UNI is funded at status quo level in the economic development budget bill for FY 2023. UNI’s line items are funded as follows:

  • $3,000,000 for Regents Innovation Fund ($900,000 to UNI)
  • $1,066,419 for UNI Business and Community Services (BCS)
  • $394,321 for additive manufacturing

HF 2575 EDUCATION – FY 2023

The Regents universities are appropriated a total increase of $5.5 million in FY 2023, to be distributed by the Board. No appropriation is provided for UNI@IACC (our request was $1.6 million). UNI’s FY 2023 budget line items are status quo and funded at the following:

  • $98,296,620 for base operations
  • $6,354,848 million for STEM education
  • $172,768 for the recycling and reuse center
  • $123,523 for real estate education

HF 2579 REBUILD IOWA INFRASTRUCTURE FUND (RIIF) – FY 2023

UNI’s FY 2024 Industrial Technology Center funding is moved up a year, for a total of $26.5 million in FY 2023.

Both the House and Senate will be back in session next week with a final push to adjournment. All budget bills need to be voted on before adjournment. There may be some policy bills they will also vote on.

If you have any questions, please email me at mary.braun@uni.edu.