The feasibility of awarding a single annual appropriation for the operating budget to the University of Alaska was investigated in 1982. Study methods included a literature review and a survey of practitioners concerning the advantages and disadvantages of a single appropriation versus several appropriations. In addition to surveying directors of the fiscal services divisions of 49 state legislatures, a telephone survey was conducted with other public multicampus institutions whose organizational structure was similar to the University of Alaska. Of the 25 systems surveyed, including Alaska, nine received funds for their operating budget through a single appropriation. The only variables that were identified relating to whether or not an institution received a single appropriation were the land-grant status of the institution and the unique political and socioeconomic circumstances of the state. The literature review and suggestions from the fiscal analysts of the states provided several viewpoints that relate to six basic issues: organizational flexibility, depoliticizing of the funding process, accountability, efficiency, legislative oversight and understanding, and increased funding. Three recommendations are offered including that the university should continue to improve its management procedures and then be awarded a single appropriation. (Author/SW)