Projected fall enrollment growth and tuition increases are fueling an increase in the general university operating budget. For the fiscal year that began July 1, the budget is expected to grow about $41.4 million (5.7%), to $766.8 million.
Iowa State leaders will outline a general university operating budget of $766.9 million, a net increase of $41.3 million (5.7%) over the previous year. That increase reflects a projected $44.1 million in additional tuition revenue and an estimated $2.7 million reduction in indirect costs recovery on externally funded research.
