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Tennessee Tech board approves 2025-26 operating budgets, 2026-27 capital request and disclosed projects
Summary
At its June 26 meeting the Tennessee Tech Board of Trustees approved the university's 2024-25 estimated and 2025-26 proposed operating budgets, endorsed disclosed projects for a biology greenhouse and Banks shelter, and approved the 2026-27 capital budget request. The measures passed by roll call.
The Tennessee Technological University Board of Trustees on June 26 approved the university's operating budgets and organization chart for fiscal 2024-25 (estimated) and 2025-26 (proposed), endorsed disclosed projects for a biology greenhouse and Banks shelter, and approved the university's capital budget request for fiscal 2026-27.
The Audit and Business Committee brought the items to the full board. Committee chair Johnny Stites moved approval of the operating budgets and organization chart; the motion was seconded and carried by roll call. Stites also moved committee recommendations to approve the disclosed projects for a biology greenhouse and Banks shelter and to approve the 2026-27 capital budget request; both measures passed on subsequent roll-call votes.
The consent agenda adopted earlier in the meeting included the emeritus president contract for Doctor Bell, faculty tenure recommendations, TTU Policy 205 (faculty tenure-related policy) and TTU Policy 511.1 (fee charges, refunds and fee adjustment forms). The board approved the consent agenda by roll call; the meeting record shows no recorded opposition.
President Oldham provided supporting context in his report: enrollment remains strong with an anticipated entering freshman class of over 2,000 and a projected total headcount near 11,000 students, and research funding activations for the fiscal year have already surpassed last year's record at "over $47,000,000," as reported to the board.
Board members did not request additional public cost breakdowns of the capital budget or detailed timelines for the disclosed projects during the public meeting. Committee documents and the fiscal crosswalk were referenced in committee meetings earlier in the day; the board approved the items "as presented."
