YSU 2017 budget balanced, no tuition increase, outsourced bookstore

YOUNGSTOWN

For the first time since 2012, Youngstown State University’s budget includes no deficit.

YSU trustees Finance and Facilities Committee Thursday approved a $169.8 million fiscal year 2017 operating budget.

It requires approval of the full trustees board.

“The key takeaway from this is this budget is balanced,” Neal McNally, vice president for finance and business operations, told trustees.

Last year’s budget carried a $3 million deficit.

It was accomplished by managing the budget and reducing expenses, McNally said.

There’s a reduction of about $5 million through YSU outsourcing its bookstore to Barnes and Noble.

In-state undergraduate tuition stays the same as do many fees charged to students.

For more on the finances, read Friday's Vindicator or Vindy.com.