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Board approves operating budget, salary pools and multiple capital contracts including a seven‑year online program deal
Summary
Trustees approved the system operating budget, a 1% salary pool for non‑represented employees and a 3.5% pool for School of Medicine service employees, authorized capital and procurement contracts (including limestone contracts and property purchases) and approved a $5M estimated, seven‑year RizePoint managed‑services contract for online program recruitment.
The board’s finance and related committees considered and approved a slate of operating, personnel and capital items during the meeting.
Operating budget and salary plan: President Dan Mahoney presented the operating budget as previously reviewed; trustees approved the budget as presented. Senior Vice President Stuckey described proposed salary increase pools for FY25: a 1% pool for non‑represented employees effective July 1 and a 3.5% pool for School of Medicine service employees effective Oct. 1; trustees approved the plan by…
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