WKU Regents to vote on budget at special meeting Friday
June 23, 2011
WKU’s Board of Regents will discuss the 2011-12 budget — which could include an increase in tuition — at a special meeting at 10 a.m. Friday in the Regents Room on the second floor of Mass Media and Technology Hall.
The proposed 2011-12 budget shows more than $164 million in revenues from student tuition and fees, 42.8 percent of total revenue, in agenda materials for Friday’s meeting.
In April, the Council on Postsecondary Education approved a 5 percent cap for WKU’s potential tuition increase along with other comprehensive state universities.
President Gary Ransdell in March predicted a 5 percent tuition increase would be enacted for the fall semester. If approved by the WKU Regents on Friday, tuition for an in-state WKU student will cost $4,042 in the fall.
Regents also voted to raise tuition by 5 percent in 2010.
The board will also vote on a $70 Downing University Center Renovation Project fee.
If the tuition and fee increases are passed, this section of university revenues will increase by $9.1 million from last year, according to agenda materials.
The proposed budget also includes a list of estimated fixed cost increases, which includes $128,000 for library books and subscription costs, $251,000 for faculty promotions, and $339,000 for student athletic scholarships. Proposed increases to fixed costs total more than $5 million.
Also on the agenda for Friday’s meeting is the swearing in of student regent and Student Government Association President Billy Stephens and the recommendation and election of the Board of Regents officers for the upcoming year.
Not included in this month’s agenda is a vote on men’s basketball coach Ken McDonald’s revised contract. Athletics Director Ross Bjork said in the spring that the contract will be released for July’s Regents meeting.