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University of Tennessee president previews B1UT 2030 strategic plan; board approves a specialized-unit budget request

University of Tennessee Board of Trustees · October 24, 2025
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Summary

President Randy Boyd presented the system—s B1UT 2030 strategic plan framework, prioritized workforce and infrastructure goals, and proposed a focused set of KPIs; trustees approved a fiscal-year 2026-27 operating budget appropriations request for specialized units by voice vote and passed the consent agenda. The plan emphasizes access, student

President Randy Boyd presented the University of Tennessee System—s B1UT 2030 strategic plan framework to the Board of Trustees, emphasizing three priority goals — expand access; academic excellence and student success; and drive research and workforce development — supported by enablers such as talent development and infrastructure investment.

Boyd opened by reviewing 2025 accomplishments, citing record enrollment and retention, a new research record of $524,000,000 in expenditures and a record $492,000,000 in fundraising. He described a refreshed strategic organization that explicitly calls out —fueling the workforce of Tennessee and beyond— and highlighted recent progress on capital projects, partnerships with Oak Ridge National Laboratory, and a new bonding policy that may allow the system to access roughly $600 million for infrastructure investment.

"This will be the…

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