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Friday, November 29, 2024

UW-Madison releases ‘easy-to-navigate’ budget breakdown

In an effort to increase the transparency and accessibility of UW-Madison’s expenditures and revenues, Chancellor Rebecca Blank asked staff to design the Budget in Brief, a summary that breaks down the university’s $2.9 billion annual budget.

“I felt that we needed a clear, easy-to-navigate document that tells the story of where our budget money comes from and how we spend it,” Blank said Tuesday in a university statement.

The 20-page document includes graphics and charts to clarify the funding sources, expenditures, student financial aid and fund balances. This is the first publication of a Budget in Brief, but Blank said she plans to make it a yearly reporting.

“We are keenly aware of our duty as a public institution to do a thorough job of ensuring that citizens clearly understand the sources of our funding and how we use that money,” Blank wrote in the brief.

This brief can be accessed online or requested by emailing gbump@wisc.edu.

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