Auburn University Trustees OK $970 Million Budget For Fiscal 2012

Ann McClure's picture

A slight bump in state appropriations plus higher tuition and fees helped increase Auburn University's budget for fiscal 2012 by $32 million to almost $970 million.

The university's board of trustees approved a budget Friday that's 3.5 percent higher than this year's for Auburn, Auburn University Montgomery and the state extension service, which Auburn operates. Auburn's main campus will get almost $780 million, about 80 percent for the fiscal that begins in October.

CEO Don Large said that he hopes the increase, which includes a projected 4.9 percent increase in state appropriations, shows that Alabama's higher education funding has "hit bottom."

"We've hopefully weathered the worst part of the storm and moved forward," Large told the trustees, although he warned that the school could face further cuts if state revenues come up short.

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