Sunday, July 5, 2015

BOT approves $172 million budget; state funding uncertain - Stephanie Markham, Daily Eastern

The Board of Trustees passed a budget of about $172 million Friday, though administrators said expenditures could change depending on how much money comes in from the state. President David Glassman said during a board retreat Saturday that Eastern would have to find ways to reduce expenses and increase revenue to keep the budget balanced. “There is certainly some work that we have to do at the university in order to make sure we stay within our budget,” Glassman said. “So we’ll be looking at it very, very carefully and making sure that decisions are made in the best interest of the university and our mission.”

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