Tuesday, December 13, 2016

Budget review reveals WSU total deficit of $30M - DAN DOUCET, Evergreen

WSU is about $30 million in debt, according to a budget update emailed by President Kirk Schulz on Wednesday to all WSU accounts. In addition to the athletic budget deficit, which is currently about $13 million, WSU units overspent last year’s budget by about $17 million, according to a budget review by Schulz, deans, unit-level finance officers, and other administrators. This was the first time the WSU administration completed a budget review in almost a decade. Some units were $1 million to $3 million over budget, Schulz wrote, and were told to come up with plans to lower their deficits. http://www.dailyevergreen.com/news/article_9210667e-b76f-11e6-bbee-a76cb0ba8b0a.html

No comments:

Post a Comment