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Pitt finance committee backs $3.2 billion FY2026 operating budget, modest tuition increases
Summary
The University of Pittsburgh finance and budget committee voted to recommend a $3.2 billion operating budget and $267 million capital plan for fiscal year 2026 to the full Board of Trustees, endorsing modest tuition increases, expanded financial aid and a 2.5% salary increase.
The University of Pittsburgh finance and budget committee voted to recommend the university’s fiscal year 2026 operating budget and capital plan to the full Board of Trustees, endorsing a $3.2 billion operating budget and a $267 million capital budget and approving proposed tuition increases.
The recommendation advances the university’s budget-setting process ahead of a full board review; the proposal includes tuition increases, targeted salary adjustments and expanded student aid while emphasizing maintenance of campus infrastructure.
Dwayne Pinkney, executive senior vice chancellor for administration and finance and chief financial officer, presented the proposal and said, “In the wake of much uncertainty, this budget demonstrates our…
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