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USI Trustees approve annual operating budget

July 12, 2018

At its regular meeting on Thursday, July 12, the University of Southern Indiana Board of Trustees approved miscellaneous fees and reviewed mandatory student fees for the 2018-19 academic year, and approved a $119.8 million budget for the 2018-19 fiscal year.

The Board heard an update on major construction projects, including the Arena and Fuquay Welcome Center projects. Additionally, the Board received an update on the 10-year master planning process as it relates to new construction opportunities, including potential requests for the 2019-2021 budget biennium.

In additional business, the Board of Trustees approved the disbursement of financial aid awards for the 2018-19 academic year and received a preview of functional and design updates to the University website.

As part of its annual meeting, the board approved its slate of officers. Harold Calloway was selected to serve a second term as board chair. Other board-elected officers for the coming year include Kenneth Sendelweck as first vice chair, Ronald Romain as second vice chair and Anjali Patel as secretary.

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