HUNTINGTON, W.Va. — Preparation paid off for Marshall University officials in working under the circumstances created by the fiscal year 2017 budget impasse among West Virginia legislators.
When members of Marshall’s Board of Governors meet on Wednesday, June 29, in the Memorial Student Center on campus, they’ll have the chance to vote on a $119 million total university budget that includes a 5 percent tuition increase, said Mary Ellen Heuton, Marshall’s chief financial officer and vice president of finance.
While the legislature debated the budget, Heuton and staff were crafting budget scenarios. When all was said and done in the debate over fiscal year 2017, which begins July 1, Marshall came out with an allocation of $45.9 million for its general revenue fund, about $554,000 more than anticipated, Heuton said.
On Friday, Heuton said she was relieved to have a budget and be able to prepare a firm recommendation for the board, but she said the relief would be short-lived as more budget shortfalls are expected for fiscal year 2018…