Brace yourselves for another blast of UVA-centric articles, Baconoids and Baconauts. The University of Virginia Board of Visitors meets this week, and I’ll be covering the deliberations. If you’re not interested in all things Wahoo, this might be a good time to take a vacation. On the other hand, if you regard UVA as a stand-in for all that is good and all that is profane about higher-ed generally, there might be some interesting developments.
Among the topics scheduled for discussion is the 2024-25 budget. According to documents posted on the Board of Visitors website, the administration has submitted proposed revenues and spending for the $5.8 billion budget. Given the Board’s long and illustrious tradition of applying the rubber stamp, the proposed budget is likely to be the budget.
Bottom line: while inflation is chugging along at a 3.4% rate and expected to decline in the year ahead, spending at UVA’s academic division (excluding the health system and campus at Wise), will increase 6.7%. The biggest source of revenue — net tuition and fees — will increase 4.9%. (more…)















