With respect to the coming years, the UvA must find the balance between allowing more room for ambitions and a careful financial policy. This is laid down in the 2022 draft budget adopted by the Executive Board on 28 September.
While the UvA's income will increase in 2022 compared to 2021, this increase will not be enough to realise all of the UvA's ambitions for 2022 and beyond. Workloads are heavy and available resources are under pressure. This can be traced to a lack of funding for universities. Like all universities, the UvA receives too little money to be able to guarantee the quality it delivers.
The UvA depends on the government and the formation process for a structural solution to the funding problem. In addition to this funding-related pressure, there are also other developments impacting resources that require attention, such as the effects of the COVID-19 pandemic and price and wage developments. The implementation of the Strategic Plan 2021-2026 has begun, and while this offers new opportunities for improvement, it also calls for careful planning of the necessary investments. In the longer term, a major challenge will be determining how to maintain the financial space needed for renewal.
In addition to the UvA budget and the draft budget for the units, the draft budget also includes other information, including the updated Accommodations Plan and the outlines of the ICT Project Portfolio. Consequently, it provides insights into the ways in which all the plans and ambitions dovetail with the financial frameworks set out in the 2021 framework letter.
The UvA expects a 5% increase in income compared to the 2021 budget. Costs appear to be rising by roughly the same percentage. Although revenue has increased over the years, this development is insufficient to realise all ambitions.
The framework letter includes investments arising from the Strategic Plan. At that time, the intention was to pay for these using the positive results expected at the time. In the meantime, however, it has become clear that there will be limited scope to realise the UvA's strategic renewal using positive operational results in 2022 and later years. To ensure that sufficient resources remain available to realise the strategic renewal of the UvA, these resources have now been included in the budget (rather than relying solely on the positive result).
You too can contribute your thoughts and join the discussion on the draft budget. The Executive Board welcomes responses to the 2022 draft budget from both staff and students. Please feel free to submit questions and comments by sending an email to firstname.lastname@example.org. The feedback period will run until 19 October 2021.
Questions and comments submitted by staff and students will be forwarded to the Central Works Council and the Central Student Council. Once the feedback period is over, the feedback will be compiled, commented on and submitted to the representative advisory bodies. The approval period and the consultation period for the central representative advisory bodies will run until 23 November 2021. The consultation period for the decentralised representative advisory bodies will run until 8 November 2021.
Upon approval of the main outline of the budget by the central representative advisory bodies, the final draft of the 2022 budget will be drawn up in December this year. If all goes according to plan, the Supervisory Board will approve the budget at its meeting on 15 December 2021. The final budget will be published on the UvA website.