The Western Kentucky University Board of Regents today approved a $387.7 million budget for 2019-20. “The development of this budget reflects our commitment to a new resource allocation process with more decentralized decision-making and shared governance engagement,” WKU President Timothy C. Caboni said. “Under this process, unit allocations are based upon our new budget model and colleges and divisions will manage their budgets throughout the year. This will create strategic opportunities for academic, support and auxiliary leadership to avoid and reduce costs and capture savings to meet their individual targets.” President Caboni said the new model is a reversal of the base model-plus that the University had been using and allows the University to invest where it needs to invest. The budget is $657,000 less than the 2018-19 budget and includes a 2 percent increase in undergraduate tuition.
https://www.wku.edu/news/articles/index.php?view=article&articleid=7801
