This website is best viewed in a browser that supports web standards.

Skip to content or, if you would rather, Skip to navigation.

Northwest Missouri State University

News Release

June 26, 2014

Northwest Board of Regents approves 2014-2015 budget

The Northwest Missouri State University Board of Regents during its regular meeting Thursday, June 26, unanimously approved the University’s Fiscal Year 2015 budget, which includes the Education & General (E&G) Budget and the Auxiliary Enterprises Budget, totaling $112 million.

The total budget includes a projected increase of 5 percent, based on the state’s performance funding model, while addressing mandatory expense increases, tuition revenue projections, and cost-of-living and targeted market-based adjustments for employees.

Northwest President Dr. John Jasinski said the approved budget supports and aligns with the University’s strategic plan and continues a focus on a multi-year budget approach built on investments in Northwest’s people, programs and facilities balanced by operational efficiencies.

Additionally, the Board approved funding to support academic success coaches, an international recruiter and a web content specialist. Jasinski said the new roles were identified through the University’s strategic planning process and analysis of academic programming, and they will address objectives related to recruitment, enrollment, retention and graduation.

In other business, the Board reelected Dr. Mark Hargens as chair and Joseph Bosse as vice chair, and each is scheduled to serve a two-year term, per Board bylaws. The Board also approved faculty appointments, revisions to the University’s Faculty Handbook related to committee eligibility, revisions to human resources policies related to reduced tuition for dependents of employees and vacation. The Board also approved the renewal of an agreement between Northwest and the Northwest Foundation, which oversees and manages private donations in support of the University.

Thursday’s meeting was the first for Student Regent Ve’Shawn Dixon, who recently was appointed by Gov. Jay Nixon. Dixon, a junior political science major from Kansas City, Kan., succeeds Ashton Raffety, whose term expired. The student regent is a non-voting member of the Board.

The Board of Regents is responsible for sound resource management of the University and determining general, educational and financial policies.

For more information, please contact:

Mark Hornickel, Communication Manager | 660.562.1704 | Fax: 660.562.1900

Northwest Missouri State University
215 Administration Building | 800 University Drive | Maryville, MO 64468