WSU Regents to Consider Supplemental Budget Requests

PULLMAN, Wash.–Washington State University’s Board of Regents will consider a series of supplemental budget requests to the state Office of Financial Management when it meets Friday, Sept. 5, at 9 a.m. in the Lewis Alumni Centre.
Regents will be asked to endorse a Higher Education Endowment initiative to use excess state revenues to match private contributions for endowed distinguished professorships, graduate and undergraduate fellowships and other enhancements.
Through previous matching programs, the legislature has appropriated more than $4.5 million for professorships and student fellowships at WSU. The WSU Foundation through its recently completed fund-raising campaign has received an additional $16.77 million in donations and pledges which are eligible for state matching funds.
The university also intends to ask for $2.6 million as part of the state Council of Presidents’ proposal to increase access through the K-20 network that will link the public schools and state colleges in an educational telecommunications system. The money would fund classroom construction and provide for instructional development to adapt the latest technologies to the delivery of educational programs.
In addition, the supplemental budget proposal includes $4.5 million for infrastructure renewal and safety improvements on the Pullman campus.
Other agenda items scheduled for regents’ action are adoption of amendments to the Washington Administrative Code covering spectator events, permission to advertise for bids and award a construction contract for Kimbrough Hall addition and remodeling, estimated at $7.75 million, and authority to sign contracts for energy supplies and electrical distribution improvements.
Regents also will consider a proposal to increase the size of the Regents/Foundation Endowment Investment Committee and revisions to the Statement of Investment Policies and Objectives.

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