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MU budget for 2022 has been approved

On 6 June, the Academic Senate of Masaryk University approved the MU budget for 2022; the MU Board of Trustees confirmed it on 20 June.

Masaryk University will thus operate with a total budget of CZK 9.5 billion in 2022, which represents an increase of CZK 625 million compared to 2021. The medium-term outlook (until 2024) for the university’s non-investment budget was also approved.

“Once again, we have managed to negotiate and approve a pro-growth budget, which is quite significant in this difficult period. I welcome that the budget reflects, among other things, an emphasis on excellence in science and research. The pro-growth budget is also important from a strategic point of view, in the context of preparing for an increase in the student population and with regard to the planned renovation of the dormitories,” said MU Rector Martin Bareš.

Concerning the non-investment sections of the budget, there is an increase in the contribution to educational activities and the amount of support for science and research compared to the previous year. “The overall increase in the budget is also possible thanks to the funds allocated under the National Recovery Plan,” added Martin Bareš.

Higher budget expenses are mainly related to salary increases and the rising costs of energy. “People are the university’s most valuable asset, which is why the new collective agreement we negotiated includes higher salaries for MU staff. Salaries will increase on 1 July this year and also on the same date in the next two years,” said MU Bursar Marta Valešová.

The investment part of the budget comprises CZK 1.1 billion, which is CZK 222 million less compared to the university’s original plan for 2021. The decrease in funds corresponds to reduced construction costs covered by the Czech Ministry of Education.

In addition to the budget, the proposed distribution of profits for 2021 has also been approved. “Masaryk University made a profit of CZK 86.8 million last year. This amount will be distributed to the individual faculties and other economic units of the university and should be used mainly to fund future projects,” concluded Mr Bareš.