May 29, 1997......Volume 26, Issue 32

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Search the contents of the Intercom archives and
news releases issued by the Department of Public Information.

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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