Discussion begins on setting YSU’s 2010 budget


YOUNGSTOWN — Youngstown State University isn’t talking any hard numbers yet, but a preliminary fiscal 2010 budget report to the university trustee’s shows an anticipated funding gap of about $6 million at this point.

The university operated on a $148 million budget this year, with $50 million coming from the state, about $94 million from tuition and fees, and around $4 million from investments and other sources.

Thomas Maraffa, special assistant to YSU’s president, told the trustees today that there are still some uncertainties in the budgeting process, most notably just how much state aid YSU will get next year.

The state’s biennial budget is still being debated and different scenarios show that YSU could actually lose funding or that it might gain some state aid.

Just a 1 percent drop in state assistance translates into $500,000 in revenue, and that’s the equivalent of tuition from 62 full-time students, he said.

For the complete story, see Thursday’s Vindicator and Vindy.com

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