Budget Work Group – April 12, 2016

The Budget Work Group met Tuesday, April 12. First, the group reviewed state budget scenarios that had been reported in the Charleston Gazette-Mail that day. The governor’s office emphasized that those scenarios were not recommendations, but examples to start discussion.

Next, the group discussed a detailed analysis of the Fiscal Year 2016 budget, a copy of which is available here.

Third, the group reviewed a set of Fiscal Year 2017 budget options to be presented to the Board of Governors. The option eventually selected will be determined based on the state budget allocation, which has yet to be finalized. The options assume the current enrollment. In addition, this year, no funded depreciation or strategic priorities contributions are included in the budget.

The Budget Work Group will not have another official meeting until the fall semester; however, e-mailed updates will be sent to its members as new information develops relative to the budget and will engage in virtual discussions during the summer.

Also in the fall semester, the group will consider how it should function going forward, particularly with regard to a more formal annual budget process that will start each year in the early fall.