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MU budget for 2024: record-breaking and growth-oriented

The Masaryk University budget for 2024 amounting to CZK 11.8 billion was approved by the MU Academic Senate at its 278th session on Monday. Compared to the previous year, the budget has increased by CZK 1.8 billion.

“I am pleased that the University has been able to adopt growth-friendly budgets in recent years. It’s not easy given the circumstances we’ve been facing lately, be they energy prices or the current state of Czech public finances. In this respect, I see the approved budget of CZK 11.8 billion – the highest in the more than 100-year history of Masaryk University – as a small miracle and a job well done that will enable the further development of our institution,” said Rector Martin Bareš.

The 2023 profit of CZK 84.5 million will be distributed to the Operating Fund, the Remuneration Fund, the Reserve Fund and the Capital Asset Replacement Fund. The distribution of profits and the budget were unanimously approved by all 44 senators present.

Both the investment and non-investment budgets are designed to avoid losses. The non-investment budget of CZK 9.11 billion consists of 40% institutional support for education and long-term conceptual development of research, external grants and own resources and additional activities.

“While the contribution to educational activities from the state budget is stagnating, we are managing to obtain more resources for the long-term conceptual development of research and science, where there has been a slight increase in institutional support of about 4 per cent. We are successful in obtaining external grants, which are supported by the success of individual faculties, and we can count on our own income,” said Marta Valešová, MU Bursar.

The planned investment budget is approximately CZK 2.7 billion. The increase of approximately CZK 1.6 billion is mainly due to the ongoing construction of the MUNI BioPharma Hub and the costs of laboratory equipment covered by the Operational Programme Jan Amos Komenský. “More than CZK 1 billion is to be spent on campus expansion this year, a large part of which will be covered by the EU, which will allow the university to develop faster,” Ms Valešová added.

The medium-term outlook for the MU’s non-investment budget is CZK 89.7 billion until 2026. This was also unanimously approved by the senators.

MU’s growth-oriented budget for 2024 is a clear success. “The government contribution to educational activities amounts to 28 per cent of our budget, institutional support for research development amounts to 12 per cent, which means that the remaining 60 per cent of non-investment income is generated by Masaryk University from competitive grants and its own resources,” said Rector Martin Bareš. “It is always worthwhile to invest in future development. We have to be proactive in our projects, our own activities, share technologies and premises and look for further savings within the university. In any case, I am happy that even though the interests of the faculties sometimes diverge, we are able to reach an agreement in the end, and I consider this to be the most valuable thing I can take away from the last few years,” he concluded at the end of the Senate meeting.

The Academic Senate of Masaryk University met for the last time in its current composition. On 3 June, the senators who were elected in the regular elections to the MU Academic Senate for the term 2024–2027 will already be in office. In a brief summary, Senator Damir Solak recalled that during his term of office since May 2021, 74 senators have served in the Senate, which has met twenty-four times, held meetings in three different meeting rooms and adopted 188 resolutions.

At the end, Josef Menšík, President of the MU Academic Senate, and Natália Antalová, Vice-President and outgoing President of the MU Senate Students’ Chamber, thanked the Academic Senate for its work. She also addressed her successors: “I would like to remind you that being elected is not the end, but the start of your work. Take an active part in the running of the university and remember that maintaining decency may make you kinder, but not weaker.”