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MU manages highest budget in history this year

At its meeting on 15 May, the Academic Senate unanimously approved a budget of CZK 10 billion for Masaryk University for 2023. The budget is 490 million higher than in 2022, making it the highest in the history of MU.

MU’s financial result for last year was positive at CZK 90.2 million. The budget, as well as the distribution of the economic result, was approved by all members of the Academic Senate present.

“Despite higher expenditures on energy, salaries, materials and services, the university has managed to maintain a pro-growth budget,” said MU rector Martin Bareš. “The non-investment budget is based on the expected revenue structure in 2023, which includes planned projects in the field of science and research, especially large international projects of the Faculty of Medicine and Faculty of Science,” added Rector Martin Bareš. The planned costs of the non-investment part of the MU budget amount to CZK 8.79 billion and the economic result is expected to be approximately CZK 57 million.

In the investment budget of CZK 1.2 billion, the highest increase in investments relates to research projects of the national EXCELES recovery programme, as well as investments paid for from the University’s own resources, including the purchase of the Biology Park Brno building, which will support the further development of the Bohunice University Campus and research infrastructures. Another key investment is the start of construction of the BioPharma Hub, a unique link between the new premises for the Faculty of Pharmacy and the existing faculties, as well as the University Hospital Brno.

“The purchase of the Biology Park Brno property will help us fulfil the overall strategic framework for the development of the Bohunice University Campus as a unique centre for education, research and development in the fields of medical and natural sciences enabling intensive interdisciplinary cooperation between the academic, application and public sectors. The purchase of the building is also in line with the MU Strategic Plan 2021–2028, which defines the development of the campus as one of the key steps in achieving the goals of this strategy,” said Rector Martin Bareš.

Along with the budget, the Academic Senate approved the proposal to distribute the 2022 economic result of CZK 90.2 million into four funds, namely the Capital Asset Replacement Fund, the Working Capital Fund, the Reserve Fund and the Remuneration Fund. In 2021, the economic result amounted to CZK 86.8 million.

“I appreciate the responsibility with which the Senators approached both the discussion of the budgetary rules at the last December’s meeting and the approval of the detailed budget today. I believe that it is important for our institution to be able to agree on such fundamental matters of academic autonomy with the necessary sophistication and vision,” said Josef Menšík, Chair of the MU Academic Senate, commenting on the results of Monday’s meeting.

The currently approved MU budget, both in the investment and non-investment parts, is designed not to generate a loss. “Masaryk University has been focusing on sustainable financing and development for a long time and I am satisfied with the management of the faculties and the University,” concluded MU Bursar Marta Valešová. She also added that MU does not plan to run any of its faculties or other units at a loss in 2023.

The planned costs of the non-investment part of the MU budget amount to CZK 8.79 billion and the economic result is expected to amount to approximately CZK 57 million. The planned investment budget amounts to CZK 1.2 billion.