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IHL board adopts FY2026 operating budget, approves FY2027 request after $36.6M appropriation cut
Summary
The IHL board approved allocations reflecting a $36.6 million reduction from the recent legislative session and adopted a $6.3 billion system operating budget for fiscal 2026; board staff also approved a FY2027 request to the legislature that seeks roughly $200 million in additional funding and $80 million in capital repairs.
The Mississippi Institutions of Higher Learning Board of Trustees approved the system'wide FY2026 operating budget and voted to send a FY2027 appropriation request to the state legislature after hearing staff analysis of recent reductions to the system's state funding.
Doctor Pierce, presenting the finance agenda, told trustees the spring legislative session left the system with a $36.6 million reduction in appropriations (a 4.2% cut). Pierce said the system also faces a…
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