Projecting an athletics deficit of $1,093,000 for the 2017 fiscal year, the University of Idaho will request an annual $1 million bump in institutional funds over the next four years when State Board of Education officials meet Wednesday in Boise.
According to a SBOE document, UI’s institutional funds cap is set at $949,500 annually. That number would grow to $1,949,500 if the board approves the university’s request for a waiver.
Prior to the forthcoming fiscal year, the school was able to recover from its revenue shortfalls by utilizing athletic reserves. Those resources have since been exhausted, according to the document.