Budget Planning and Projections
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Budget Planning and Projections
Dear UMBC Community, We write today to provide an update on our budget planning for fiscal year 2026 (FY26) and to share with you a sense of the near-term financial picture for UMBC in light of reductions in state funding and further anticipated reductions in federally supported research and programs. We reported previously that the recently approved state budget for FY26 includes a 7 percent reduction in UMBC’s operating budget allocation…
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