UVA’s $7B Budget Breakdown

The University just greenlit a $7 billion budget for FY27, with $4.3 billion going to U.Va. Health and $2.7 billion split between the Academic Division and the College at Wise. Amid rising costs — including a $200K minimum wage hike next year and $3.6M in unfunded VA military survivor programs — key departments are getting boosts: Safety & Security gets $6M after last year’s cuts, while the Academic Division sees a 2.9% raise ($2.59B) and the College at Wise gets $80.1M. U.Va. Health juggles cybersecurity, regulation, and a 3% pay bump. Capital projects include $30M for the Fontaine Data Center (now $102M total) and $7M for the Center for the Arts. With $3.3B in smartly timed debt and a coveted AAA rating, the University navigates complexity, inflation, and competitive pressures — all while preparing for September’s Finance Committee meeting. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/405b75c052ec1fa8