Saturday, July 8, 2023

Marshall set to end challenging fiscal year; enrollment looks better for fall semester - Jeff Jenkins, WV Metro

Marshall University officials are hopeful early signs of increased student enrollment and use of on-campus housing will help the university reverse a budget deficit. Marshall Chief Financial Officer Matt Tidd said the university is set to end the fiscal year with a multi-million dollar operating loss. “We’re projecting about $308.5 million in total revenue against $333 million in total expenses. That’s a $24 million financial statement loss expected for this current fiscal year on a budgeted deficit of about $19 million,” Tidd told members of the Marshall University Board of Governors last week.

https://wvmetronews.com/2023/06/25/marshall-set-to-end-challenging-fiscal-year-enrollment-looks-better-for-fall-semester/