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New budget
strategies considered
The University is adopting new internal budget strategies that link income
more directly with program costs and may expand its differential tuition
program to better reflect differences in program costs.
Interim budget
approved
The Board of Trustees on May 16 approved an interim maintenance and operating
budget for the fiscal year beginning July 1.
University officials detail
$476 million in capital construction projects
Beginning this summer and on into the year 2001, the sound of earth moving
and the buzz of power equipment will be audible at Penn State locations
across the state as a result of a recently unveiled five-year, $476 million
construction plan.
Road
Scholars Tour
On May 12, roughly 70 recently hired faculty members boarded a pair of buses
with President Graham B. Spanier for a two-day tour of western Pennsylvania.
Stops were made to the Fayette, Beaver and Altoona campuses, as well as
to Singing Brook Farm in Imler, owned by Board of Trustee member Obie
Snyder; Fallingwater, the national landmark designed by Frank Lloyd
Wright; H.J. Heinz Food Co. in Pittsburgh; and Creekside Mushrooms Ltd.
in Worthington. The group also enjoyed lunch with alumni and friends of
the University on a riverboat tour of Pittsburgh. The goal of the trip was
to see first-hand the impact the University has statewide. Tour-goers received
the added benefit of getting to know one another better as well. To see
more photos from the trip, click
here.
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