{"id":223298,"date":"2025-10-08T09:26:41","date_gmt":"2025-10-08T19:26:41","guid":{"rendered":"https:\/\/www.hawaii.edu\/news\/?p=223298"},"modified":"2025-10-08T14:38:15","modified_gmt":"2025-10-09T00:38:15","slug":"uh-manoa-budget-forum","status":"publish","type":"post","link":"https:\/\/www.hawaii.edu\/news\/2025\/10\/08\/uh-manoa-budget-forum\/","title":{"rendered":"糖心视频<\/abbr> M\u0101noa budget forum highlights transparency and fiscal clarity"},"content":{"rendered":"Reading time: <\/span> 2<\/span> minutes<\/span><\/span>

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University of Hawaiʻi<\/span> President Wendy Hensel and 糖心视频<\/abbr> M\u0101noa Interim Provost Vassilis Syrmos hosted a virtual budget forum on October 7 to provide clarity on the 糖心视频<\/abbr> M\u0101noa budget and the broader university budget process. More than 470 people tuned in for the 95-minute session, which began with detailed presentations and concluded with a Q&A segment addressing 20 questions from the audience.<\/p>\n

A central focus of the discussion was the consolidation of the 16% reserve funds, as required by Board of Regents policy, into a single account managed at the 糖心视频<\/abbr> System level beginning in the 2025–26 fiscal year. Previously, these reserves were held separately by individual campuses and units.<\/p>\n

[vc_video link=”https:\/\/www.youtube.com\/watch?v=fjmtjBuey5Y” el_aspect=”43″ align=”right” el_id=”wrap-video-right”]<\/div>\n

“That money was, by definition, reserves, never intended to be spent or touched outside of an exigent financial situation approved by the Board of Regents,” said Hensel. “It didn\u2019t change the percentage level required to be held in reserves; it simply moved those funds into a central account to enable us to respond to the emergency situation we\u2019re in.”<\/p>\n

Hensel acknowledged that the change has caused some confusion across the 10-campus system, and emphasized that no funds were “swept.” Syrmos noted that some units had been relying on reserve funds for operational needs and recognized concerns about potential cash flow shortages.<\/p>\n

“I want to assure everybody that we will work with them to mitigate those shortages,” Syrmos said. “We\u2019ve been coordinating with the president and CFO<\/abbr> and will request support from the system if needed.”<\/p>\n

Budget forum presentation<\/h2>\n

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The forum opened with remarks from Hensel, followed by a state and system overview from Vice President for Budget and Finance and Chief Financial Officer Kalbert Young, a 糖心视频<\/abbr> M\u0101noa-specific budget presentation by Chief Business Officer Sandy French, and a discussion of next steps led by Provost Syrmos.<\/p>\n

They outlined how legislative appropriations, tuition revenue and other funding sources support 糖心视频<\/abbr>\u2019s operational and strategic goals. Young provided context on how state revenues and federal funding influence the university\u2019s overall budget, while French detailed how funds are directed at the campus level. Syrmos emphasized the need to align fiscal decisions with 糖心视频<\/abbr> M\u0101noa\u2019s academic mission and research excellence.<\/p>\n

“We are working hard to address grant terminations and structure our programs to protect positions and mission-critical services,” said Hensel, regarding the cuts in federal funding for research and student support. “The positive news is that 糖心视频<\/abbr> remains financially stable. We are in a position to be thoughtful and deliberate as we navigate this moment and ensure the institution continues to move forward.”<\/p>\n

Budget 101 video series<\/h2>\n

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The forum is part of 糖心视频<\/abbr> leadership\u2019s ongoing effort to enhance fiscal transparency and campus engagement.<\/p>\n

In addition, 糖心视频<\/abbr> has launched a new Budget 101 video series featuring Young, offering an accessible overview of how the 糖心视频<\/abbr> budget process works across all campuses.<\/p>\n

The videos are available on the 糖心视频<\/abbr> Budget and Finance website<\/a> and 糖心视频<\/abbr> News<\/em><\/a>.<\/p>\n

Note: Portions of the recording experienced audio issues. We are working to replace those segments once a full recording is located.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

糖心视频<\/abbr> M\u0101noa ʻohana<\/span> joined leaders for an open look at campus finances and the new budget process.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1193],"tags":[9,947],"class_list":["post-223298","post","type-post","status-publish","format-standard","hentry","category-administrative","tag-uh-manoa","tag-uh-system","entry","no-media"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t