Introduction

Portland State has absorbed a number of budget cuts in recent years, but has maintained its history of fiscal stability and sound fiscal management. Financial statements indicate that the institution has maintained both long and short-term liquidity, that debt ratios are within reasonable limits, and that there is not a budget deficit. The University’s financial stability has been accomplished by greater efficiencies, dedicated staff, and sustained efforts to diversify revenue streams for the University.

Accomplishments

• Expansion of total university budget in the face of declining state resources.

• Expansion of enrollment, space, and programs to meet demands of growth.

• Streamlined processes and greater transparency of processes.

• Improved efficiencies through appropriate expansion of technology.

• Substantial protection of the instructional portion of the budget during constrained budget times.

Challenges

• Continuing decline in state appropriations.

• Continuing enrollment growth.

• Continuing staff shortages.