Iowa Board of Regents to take harder look at university athletics, continues efficiency work

Officials at Iowa’s public universities will be following up with the Iowa Board of Regents to provide more details of its fiscal year 2026 budgets and future financial planning as the board’s revenue and efficiencies study moves forward. Officials from the University of Iowa, Iowa State University and University of Northern Iowa presented their revenues and expenses for fiscal year 2026 to the board’s investment and finance committee during its Nov. 11 meeting, with calls from board members for further conversations and plan-setting for future budgeting needs. Athletics department budgets were the main source of concern for Regent Christine Hensley and other board members, with Hensley saying UNI is operating with a budget deficit, ISU is borrowing from its reserve fund, and the UI is making minimum loan payments. Hensley said she’s received questions from Iowans about the state of collegiate athletics and it deserves a discussion at the board level.

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