FY 2023 Funding Request
FY 2022 Appropriation: $812,819,822
FY 2023 Budget Need:
- Critical Workforce Development Initiatives: $40,014,000
- STEM Workforce Development: $33,200,000
- Engineering/STEM Workforce Needs (Phase II): $12,900,000
- Nursing Workforce Needs: $10,000,000
- Physician Residency Capacity Expansion: $10,000,000
- Pre-Collegiate STEM Summer Academies: $300,000
- Initiatives to Address the Teacher Education Shortage: $4,514,000
- Adult Degree Completion (Reach Higher) and Workforce Re-entry: $2,300,000
- STEM Workforce Development: $33,200,000
- System Operations: $34,300,000
- Campus Operational Support Needs: $30,000,000
- Deferred Maintenance for Campus Infrastructure (Section 13 Offset): $3,000,000
- State System Shared Services, Innovations and Online Education Resources: $800,000
- System Innovation, Collaboration and Efficiency Incentive Grants: $500,000
- Student Success and College Degree Completion Initiatives: $10,850,000
- Concurrent Enrollment Program: $4,000,000
- Student Enrollment, Retention and Graduation Assistance: $6,850,000
- Need-Based Financial Aid Programs: $4,900,000
- Regional University Baccalaureate Scholarship Program: $250,000
- Academic Scholars Program: $1,700,000
FY 2023 Total Budget Need: $897,983,822
- Dollar Difference From FY 2022 State Appropriations: $85,164,000
- Percent Difference From FY 2022 State Appropriations: 10.5%
