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University of Alaska prepares to lose millions in state funding

 


JUNEAU, Alaska (AP) – A slump in oil prices has officials looking at the amount and impact of a deep cut in the University of Alaska budget.

Gov. Bill Walker announced a plan to cut $16 million from the budget, while North Pole Republican Rep. Tammie Wilson suggested a bigger reduction of $63 million, the Fairbanks Daily News-Miner reported.

The current budget is $351 million.

Wilson, the finance subcommittee chair, said during a Thursday meeting that her proposal does not include funding for research or athletics because not all legislators agree the state should shoulder those costs.

Th...



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