More income to be received under the government grant

The budgeted revenues of the UvA have significantly increased in 2024 compared to the projected revenues in 2023. The expected government grant has been updated based on the first government grant letter for 2024.  For the UvA, this leads to significantly more income to be received under the government grant. The main reasons for this are wage/price adjustments and new allocations.

Increased financial scope for CLA wages

The UvA is a non-profit organisation and aims for a zero result. This means that higher income in the 2024 budget also allows us to budget higher expenses. The extra financial scope is mainly used to cover the pay increase under the collective labour agreement (CLA), but accommodation, depreciation and other expenses also increase due to inflation and growth of the university. Although, it is anticipated that inflation in the upcoming period will likely be lower than in recent times.

Long-term forecast

There are new developments that will exert a downward pressure on revenues in the coming years. The proposed legislations for additional regulation of international influx, upon implementation, are expected to result in a lower intake of students. The strain on the Dutch government's finances may have an adverse effect on the UvA's income. Efforts will be made to make up for declining revenues as much as possible by increasing other revenues. At the same time, a long period of financial growth will come to an end after 2024.