The deeper than expected state budget cuts are a big concern at University of Wisconsin-Madison, which also might see less money from the private UW Foundation in the near future.
But despite Wisconsin’s worst deficit ever, UW-Madison officials said they’re still hopeful they can increase faculty pay at the same time they make an overall cut.
UW-Madison said one of its biggest challenges is lower private revenue from the UW Foundation. Its earnings are down nearly 20 percent, or $300 million, this year.