University of Alaska prepares to lose millions in state funding - Associated Press

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. http://juneauempire.com/state/2016-02-22/university-alaska-prepares-lose-millions-state-funding