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VMI board hears early FY27 budget picture: state funds, tuition modeling and legislative asks
Board of Visitors, Virginia Military Institute · January 31, 2026
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Summary
Administration provided an early look at fiscal year 2027 resources and drivers: projected state support of about $33.4 million (governor's introduced budget baseline), private fundraising projections, a modeled 3% tuition increase and items to watch such as rising health-insurance and utility costs.
The board received a fiscal-year 2027 preview that framed the financial context for the strategic plan and enrollment targets.
The finance presenter said the current projection based on the governor's introduced budget shows roughly $33.4 million in state funds, with…
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