UAF projects grim fiscal landscape in 2017

(Creative Commons photo by Jimmy Emerson)
University of Alaska Fairbanks officials rolled out statistics Friday outlining expected funding shortfalls.
Administrators say rising costs and cuts in state dollars have produced a $42 million gap.
Interim UAF Chancellor Mike Powers and other administrators project a troubled fiscal landscape for the school in 2017.
Forty percent of the University’s budget is tied to state dollars, which are growing scarcer as lawmakers grapple with low oil price