WSU is asking campuses, colleges, and units to plan for a 6% reduction in core fund budgets amid continuing efforts to maintain the university’s fiscal health during a period of enrollment and tuition revenue declines.
Alongside requests related to employee compensation, the university is also seeking funding for new degree programs during the Washington State legislative session that begins next week.
The university’s request included $34.5 million to fund a 4% compensation increase for faculty and staff the first year of the biennium and a 3% increase in the second year.
WSU’s work with the legislature resulted in $7.5 million to support compensation enhancements in the 2022 supplemental operating budget.
A $15.5 million supplemental operating budget request for 2022 was approved by the Washington State University Board of Regents Nov. 19.
The budget request acknowledges the tremendous fiscal challenge the state faces in the wake of the COVID‑19 pandemic.
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.
The latest figures from the close of the 2019 fiscal year, which ended June 30, show WSU’s operating budget ended with a positive balance of about $7.8 million.
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