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WSU News budget

WSU Regents approve 2017-2018 tuition rates for resident undergraduates

PULLMAN, Wash. – The WSU Board of Regents voted unanimously Wednesday to approve a 2.2 percent tuition rate increase for resident undergraduate students for the academic year 2017-2018. » More …

Provost’s perspective: No government shutdown at WSU

By Dan Bernardo, provost and executive vice president

Bernardo-2013PULLMAN, Wash. – As members of the Washington State Legislature continue to work through the details of next biennium’s budget, there has been some media coverage around what happens if lawmakers are unable to complete their work by July 1. » More …

WSU pilots effort to help families eat healthy on a budget

4-H-logo-80PULLMAN, Wash. – Studies show 16.2 million U.S. children live in households that lack the means to get nutritious food on a regular basis. Washington State University Extension 4-H has received $150,000 to engage 2,500 youth and families in 13 counties in the 4-H Food Smart Families program. » More …

Additional $1.2B hole in state revenue projected

By Andrew Garber, Seattle Times Olympia bureau

 

OLYMPIA — Officials were stunned to learn Thursday that the state is expected to take in $1.2 billion less in tax revenue than previously thought between now and June 2013, the latest grim result of an economy creeping toward recovery.

 

The bleak forecast means the state will have to cut $385 million more from the budget for the current fiscal year, which runs through next June — on top of a $520 million across-the-board cut the governor ordered in September.

 

Read the full article at the Seattle Times.

Another $11.2M in budget cuts

 

 

PULLMAN – The governor’s order to cut state agencies by 6.3 percent will result in another round of budget cuts for WSU. This will cost WSU an additional $11.2 million in funding. This new cut comes at a time when WSU is wrestling with a $13.5-million reduction in the fiscal year that began in July.

 

“Universities are hubs of economic activity and act as economic engines for regions and states, “said WSU President Elson S. Floyd. “These cuts to higher education seriously jeopardize our economic recovery, the sustainability of our state economic structure, and our long-term prosperity.”

 

In … » More …

WSU bond refinance saves students $2 million

PULLMAN – A downturn in the price of bonds has resulted in dramatic savings for students at Washington State University. 

 

A $15 million refinance of WSU’s Student Housing and Dining bonds at the low rate of around 3.3% has resulted in a net savings of over $2 million.

 

“Housing and dining at WSU is entirely supported by students,” said Terry Boston, senior executive director of Student Administrative Services. “This will save over $140,000 every year for the next 15 years.”

 

The refinanced bonds were originally issued in the mid-1990’s for several student housing projects. The timing of the market with low bond … » More …

359 positions and three programs cut

President Elson S. Floyd and Provost Executive V.P. Warwick Bayly field
questions about the final budget at forum, 10 a.m. at Compton Union
Building Auditorium (Photo by Becky Phillips, WSU Today)

 

 

PULLMAN – WSU will cut about 359 vacant and currently filled jobs universitywide, will eliminate three academic programs and will employ a number of administrative cost-cutting measures across the university to reduce its budget by 10.38 percent or about $54 million for the upcoming biennium.

 

The final budget plan was announced by President Elson S. Floyd and Provost and Executive Vice President Warwick … » More …