The Board of Trustees approved fiscal year ’24 budget and a view of the projected ‘25 budget during their meeting Friday afternoon. Eastern’s projected FY24 state appropriation is $46,540,300, a 7% increase from the previous year, with a total of $167,848,900. The estimated change for FY25 is around an 8% increase. The Board approved all.
Approval of the fiscal year 24 and projected FY 25 budget, several purchase approvals and revisions to board regulations are scheduled to be voted on during the semester’s first Board of Trustees meeting in the Grand Ballroom in the Martin Luther King Jr. University Union at 1 p.m. Purchase approvals include spending for conference dues.