The Executive Budget Council is building a comprehensive budgeting model, aiming for a framework that shows more clearly how funds are allocated and costs are assessed.
The university received the cash benefit by refunding a portion of its existing bond debt and plans to set that money aside to deal with operational and financial impacts of the ongoing COVID‑19 pandemic.
The budget request acknowledges the tremendous fiscal challenge the state faces in the wake of the COVID‑19 pandemic.
These recommendations come after an extensive hearing and review process involving department and university leaders, who are working together to cope with anticipated declines in state revenue caused by COVID‑19.
WSU President Kirk Schulz has provided an update on the ongoing efforts to reduce WSU’s budget in the face of declining state revenue due to the COVID-19 pandemic.
A new FAQ and sample template are now available to help units across the WSU system develop plans for a 10% reduction in spending in the coming fiscal year.
For the first time since 2013, WSU’s operating budget is back in the black and a year earlier than projected.
The general wage increase will be effective Jan. 1, 2020.
Outcomes of 2019 legislative session and its investments in WSU will be discussed.
WSU remains ahead of schedule in its three‑year push to erase what had been a $30 million annual operating deficit.