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June 22, 2010
MARYVILLE, Mo.- The Northwest Missouri State University Board of Regents approved the University's FY2011 budget, in addition to curricular changes, during its regular open meeting on Monday, June 21.
The Board unanimously approved Northwest's FY2011 budget, which includes the 2010-2011 Education & General (E&G) Budget and the 2010-2011 Auxiliary Enterprises Budget. The E&G budget projects total income and expenses of about $80.6 million. The Auxiliary Enterprises Budget projects income and expenses of about $25 million.
Vice President of Finance Stacy Carrick said the budget shows Northwest's commitment to excellence in education while addressing current financial challenges, including the economic recession and the loss of $2.2 million in state appropriations for E&G programs.
"Northwest is a leader among peers on access, affordability, retention and graduation rates, and innovation, and this budget helps us address these issues while continuing to address decreasing funding structures," Carrick said.
Northwest President Dr. John Jasinski said the University will continue to think innovatively and strategically as it constructs its budgets. He also commended University staff for their efforts on producing the FY2011 budget, emphasizing it was a team effort.
The curriculum changes, as recommended by Provost Dr. Doug Dunham, consist of changing two English course titles and their descriptions.
The Board requested further investigation into a proposed smoke-free campus policy and asked for additional information to be presented at its July meeting.
The Board approved a motion to allow spending on outside counsel of an amount not to exceed $10,000.00, as authorized by the University president, in addition to amounts previously authorized by the Board, for outside counsel previously approved by the Board. Additional amounts needed will be subject to further Board action. The policy will allow University counsel to seek assistance on issues such as human resources matters, intellectual property, immigration and other issues previously discussed with the Board.
Northwest President Dr. John Jasinski opened the meeting by recognizing several staff members for recent awards and contributions. The recognitions included:
The Board of Regents develops policy and has responsibility for sound resource management of the University, and determines general, educational and financial policies.
Mark Hornickel, Media Relations Specialist
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Northwest Missouri State University
215 Administration Building | 800 University Drive | Maryville, MO 64468