As of July 23, 2025, new student enrollments are 1019 FTIC students, 497 transfer students, and 114 graduate students for Fall 2025. Total campus enrollment for Fall 2025 is 6368. Our FTIC fall-to-fall retention is currently at 70 percent. We need 66 more students to reach 72 percent. Budget SVP Klucking began his budget update with a preliminary look at actuals for FY25 state and local funds. He explained that in the state/local funds for FY25 revenues exceeded expenses. This was due to additional state support in the supplemental budget, but that was partially offset by lower tuition and fees. For expenses, wages and benefits were higher, but this was offset by the unused enrollment contingency. In the FY25 system funds, revenues came in a little higher due to better participation in Housing and Dining. This was partially offset by the Wildcat Shop. Regarding expenses, there was good labor cost management but that was offset by higher repair and maintenance costs. SVP Klucking then shared preliminary FY26 budget planning information for the state general funds. He went through line by line and summarized revenues and expenses. He explained that divisions have been working hard to identify temporary and permanent savings with positions, which has helped the budget deficit for FY26. SVP Klucking reminded trustees that state law requires governing boards of Washington institutions of higher education to approve in an open public meeting the annual budget for intercollegiate athletics in advance of any expenditure for that fiscal year. The proposed budget was shared and is on the agenda for approval at Friday’s meeting. Advancement Update VP Elstone gave an update on University Advancement and explained that we are in the quiet phase of the comprehensive campaign. There are three overarching goals in the campaign: student opportunity, student experience, and campus and community impact. To accomplish these university-wide goals, the Futures Campaign will: • Strengthen connection to campus among community. • Renew and build donor relationships. • Increase alumni engagement on a variety of metrics. • Enhance reputation with donor community. • Enhance programs. • Grow visibility of CWU among Washington state higher education institutions. • Raise $85-100M in philanthropy. • Grow the endowment. A campaign leadership committee has been established and is ongoing. In four years, $41.5M has been raised. A final goal has not been set yet, but the committee will set that in the next few months. The fiscal years 2024 and 2025 have been record years for revenue to the CWU Foundation, and we have been building the total number of donors, which is part of the campaign. VP Elstone reported that the Foundation has been able to assist several departments and projects on campus with some of these funds: • Wildcat Pantry expansion • Support for the Adaptive University Initiative Launch • Lalley Fellows Internship Program launch, which is supporting 15 students this summer. • Helped expand the underserved regional teacher prep support. • Naming of the Moehring Event Center, which also established a President’s Innovation Fund
9 Board of Trustees Minutes July 24-25, 2025
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