Saturday, September 23, 2017

Penn State Tables Executive Raises in Midst of State Budget Stalemate - Geoff Rushton, State College

Penn State's Board of Trustees was slated to vote Friday on potential pay increases for university President Eric Barron and other senior executives. It will wait for another day. Trustee Matthew Schuyler said at Friday's board meeting that Barron asked the Committee on Compensation to take no action on executive salaries while the state legislature has yet to approve an appropriation bill for Penn State and other state-related universities for the current fiscal year. The Commonwealth passed a general spending bill in July, but did not pass a revenue bill or the appropriations bills for state-related universities and some other entities. The state house passed a spending bill on Wednesday but has been at odds with the senate and governor since the summer. http://www.statecollege.com/news/local-news/penn-state-tables-executive-raises-in-midst-of-state-budget-stalemate,1473766/