I'd be interested in what proportion of that is spent on education, because sponsored research is sort of its own (problematic) can of worms. When sponsored program revenues are up by 60%, for example, that almost requires that expenditures go up by 60-80%, because those programs generally come with quite strict conditions on spending the money expeditiously, and often specify exactly how to spend it (this is particularly common with DARPA grants, which are extremely front-loaded and micromanaged). In addition, these grants often come with some co-funding requirement on the part of the university, both explicitly and in terms of "upgrading facilities", though some of that is then taken back again by the university in overhead charges.
UVa, like most research universities, has been quite aggressive in trying to "encourage" faculty to get more grants. If that's successful, overall spending must of course increase proportionately, because the grant requires the recipient to ramp up hiring of program personnel. If that's not a goal, then the university should de-prioritize or even discourage grants, because they mandate spending increases.
A different angle would be to look at breakdowns by department. Which departments have gotten more expensive? My guess is that, as this is likely tied to grant-funded research, it's mostly STEM departments, not the "marginal" humanities.
As I said, sponsored programs only make up a quarter of UVA's budget. It's not a heavy science/tech school where most faculty salaries are funded by research grants. A 60% increase in sponsored programs revenue would imply a 15% increase in overall expenditures.
Half the 80% increase in expenditures was funded by A tripling of tuition. This is not a situation where expenditure increases are being funded mostly by grants.
UVa, like most research universities, has been quite aggressive in trying to "encourage" faculty to get more grants. If that's successful, overall spending must of course increase proportionately, because the grant requires the recipient to ramp up hiring of program personnel. If that's not a goal, then the university should de-prioritize or even discourage grants, because they mandate spending increases.
A different angle would be to look at breakdowns by department. Which departments have gotten more expensive? My guess is that, as this is likely tied to grant-funded research, it's mostly STEM departments, not the "marginal" humanities.