Published Apr 11, 2006
TCU's Board of Trustees met for its spring meeting Friday and decided on a $293 million budget for the 2006-2007 academic year, said Brian Gutierrez, vice chancellor for finance and administration.This year's budget is an 8 percent increase from last year's budget, which was $271 million, Gutierrez said.
The $22 million increase can be attributed to a series of initiatives that will fund programs ranging from Academic Affairs to student life, he said. Rising utility costs were also factored into determining next year's budget, Gutierrez said.