A review of the University of Alaska's operating and capital budget submission for fiscal year 1987 is presented, with attention to the educational and programmatic impact of the budget request. Information is provided on project components for which funding increments are requested. Included are data to assist decision-makers in reviewing the budget request, including: enrollment data by campus, educational and general expenditures for each unit; certificates/degrees awarded during 1978-1985 for each unit; and general fund appropriations dedicated to organized research. Additional information covers: student/faculty ratios, programs added/deleted since January 1983; and certificate and degree programs that may be underproductive. The criteria that form the basis of funding recommendations of the Alaska Commission on Postsecondary Education are identified: (1) instructional support service activities should be strengthened; (2) renovation and remodeling for life safety and plant protection should be funded as much as possible; (3) all alternatives to new facilities must be considered before new facilities are constructed; (4) the addition of new faculty should be justified with clear and convincing evidence of need; and (5) vigilance concerning duplicative and underproductive programs should be continued. Definitions of college programs are appended. (SW)