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Why are increases in revenue or efforts to decrease reliance on state funding necessary?

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Why are increases in revenue or efforts to decrease reliance on state funding necessary?

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As a university, we evaluated a number of budget strategies, just as any public organization or private corporation facing a revenue shortfall would, and we used university input for guidance. Operating with less revenue is not an institutional choice; it is a stark reality of the current environment. UW’s strategy and response to this environment is a matter of choice. Operating in a world with $18.3 million less in annual state revenue could not be addressed solely through either spending decreases or increased revenue. Both strategies are necessary.

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