The University of Tennessee Health Science Center

05/12/2026 | News release | Distributed by Public on 05/12/2026 14:10

UT Health Sciences News: A Clear Vision, A Balanced Budget, A Strong Future, Advisory Board Told

During its spring meeting Friday, the University of Tennessee Health Sciences Advisory Board unanimously approved the university's balanced operating budget proposal of $747 million for Fiscal Year 2027.

The proposal, which goes before the UT Board of Trustees in June, includes $4 million for cost-of-living adjustments and $2.5 million for one-time performance-based compensation adjustments for employees, $1 million for institutional student scholarships, $150,000 to fund half of the increase in student health insurance premiums for the upcoming year, and $100,000 to help fund faculty promotions support. The proposal also includes funding for capital improvements, specific program expansion, and research support.

Prior to the FY27 budget proposal presentation, Chancellor Peter Buckley, MD, opened the meeting by reflecting on the university's evolution over the past few years.

Read more on the UT Health Sciences News website.

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The University of Tennessee Health Science Center published this content on May 12, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 12, 2026 at 20:10 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]