Central Washington University Board of Trustees October 22, 2026
Action – Approval of Fiscal Year 2027 Budget Central Washington University’s anticipated operating revenue for Fiscal Year 2027 will be approximately $255 million, up 2.9% from the prior year actuals. Compared to the prior year, the increase in revenues is due to higher state appropriation for the State’s contribution to faculty & staff wage increases partially offset by slightly lower residential occupancy than the prior year. Enrollment slightly exceeded our planning targets, which will help offset general inflation on goods & services. The FY27 operating budget reflects the successful multi-year effort across the institution to calibrate our staffing levels to enrollment levels. Our most significant expense driver is related to employee costs (wages & benefits) which are relatively flat compared to the prior year, despite absorbing across-the- board wage increases and higher healthcare costs. We will continue this effort, and that is reflected in our assumptions embedded in the FY27 operating budget. Total student enrollment has stabilized, due to higher retention generally as well as consistent incoming first year and transfer cohort sizes.
We recommend the following motion:
The Board of Trustees of Central Washington University hereby approves the proposed budget for Fiscal Year 2027 as presented. Submitted:
Joel Klucking, Sr. Vice President Finance and Administration
Approved for Submittal to the Board:
Jim Wohlpart President
Made with FlippingBook interactive PDF creator