Dresden, 17 July 2026

The Dresden Academy of Fine Arts (HFKD) has commented on the draft of the Saxon state biennial budget for 2027/2028 with a stark warning: The economic plan foresees a loss of half a million euros each year, in addition to foreseeable cuts in current expenditure and investments.

Biennial Budget with Gaps

As early as the beginning of July, the Saxon state government had presented the draft for the 2027/2028 biennial budget. Embedded within it are the funding levels for the universities in the free state. The HFKD is now for the first time publicly quantifying the shortfall: In both years, a deficit of 500,000 euros is looming, which, according to the university, can no longer be covered solely from its own reserves. From 2029 onwards, this will also no longer be possible, as the university further stated.