The Missouri Western Board of Governors has adopted an operating budget of nearly $48.5 million for the fiscal year that starts Saturday. That’s about $200,000 higher than the current budget. The operating budget includes nearly $27 million in tuition and fees, and state appropriations of $20.4 million, a slight increase.
On the spending side, the plan includes another 10 percent cut in operating budgets, on top of previous cuts of 10 percent last year and 20 percent in 2009. It also includes a pay raise for employees of 2 percent or $600, whichever is greater. The raise is Western’s first since 2008.