State Economic Forecast: The recent state economic forecast showed an $876 million improvement, which minimizes the likelihood of the State pulling funds back from the U this year or next. The University's budget framework for FY13 appears to be sound.
Cost of Mission: Central has conducted a study of the cost of the University's missions. They also analyzed how revenues are allocated by mission area. The study is completed, and the results will be released in the next 1-2 months. Comparison across colleges within the U will be possible, but comparison to other institutions is inappropriate due to inconsistent methodologies across institutions.
Tax: The University is under an IRS audit for UBIT (Unrelated Business Income Tax). You may receive questions from IRS auditors through the tax office.