LSU Board approves $1.39B budget and $188M student housing project

The LSU Board of Supervisors meeting on June 27, 2025, highlighted significant budget allocations and capital projects aimed at enhancing the university's infrastructure and educational offerings. The board announced a total operating budget of $1.387 billion for the upcoming fiscal year, marking a $63 million increase from the previous year, despite a slight reduction in state general funds.

Key discussions centered around the allocation of funds, with $491 million designated from the state general fund, reflecting a minor decrease of $1.6 million. However, self-generated funds saw a notable rise, increasing from $786 million to $839 million, primarily due to tuition hikes and enrollment growth across campuses.

The meeting also addressed the approval of a five-year prioritized capital outlay plan, which includes nearly $137 million in priority funding for various projects. Among the highlights is the South Quad 4 housing project, which aims to construct 1,266 beds for first-year students to alleviate housing shortages. The project is projected to cost up to $156 million and is expected to be completed in time for the upcoming academic year.

Additionally, the board approved the sale of LSU land to the Department of Transportation and Development for road widening, further demonstrating the university's commitment to community partnerships and infrastructure development.

Overall, the meeting underscored LSU's proactive approach to budget management and infrastructure enhancement, setting the stage for continued growth and improved facilities for students and faculty alike.