PSU news by
Penn State's student blog

Topics

About

The Cost Of A BoT Meeting Is Too Damn High

It costs a pretty penny to gather Penn State’s leadership in one room.

As it’s done in the past, the Board of Trustees released budget sheets from previous meetings with a list of expenses paid by the university. In its agenda for Thursday’s Governance and Long-Range Planning committee meeting, the board released its meeting expenses for September and November.

For the September meeting, the Board shelled out $62,788.54 to put on the show, and another $50,454.97 for its last meeting of the year. Some simple math shows that’s more than $1,850 per voting trustee for each two-day meeting at the Penn Stater. At the January meeting the Board released its expense report from its meeting last May, which totaled $56,983.

So what does an average of $55,000 a meeting buy you? Evidently a lot of food.

For its November meeting, the board spent more than $14,000 on dinner and reception expenses and another $14,000 for lodging. The total direct meeting expenses came to $35,000. Direct meeting expenses for the September meeting are considerably higher, at $49,857.68. Mainly because the meeting cost $15,186.93 for meals, breaks, and conference services compared to $1,665.65 in November. The full expense breakdowns are below.

Screen Shot 2015-05-06 at 10.57.50 PMScreen Shot 2015-05-06 at 10.57.42 PM

The Board only formally meets six times a year, putting a conservative estimate for its annual meeting expenses at more than $340,000. Granted it’s no small feat to get 50+ people in the same place for two days, and the meeting expenses don’t just cover the voting trustees. There are a host of student leaders, emeritus trustees, administrators, and other guests from across the commonwealth at every meeting.

Hopefully the food pays off and is enough to keep everyone on their best behavior.

About the Author

Ben Berkman

State College, PA

Comments

More by Ben

Nassib Healthy To ‘Kick Some Ass,’ Johnson And Hackenberg Seek Pro Evaluations

James Franklin made two things clear before the Lions travel South: Carl Nassib is 100 percent healthy for a game for the first time in more than a month, and Christian Hackenberg and Austin Johnson have both applied for draft evaluations from the NFL.

Gameday Observations: Return To Rec

Penn State Stomps Canisius, 81-67, In First Of Two Rec Hall Showdowns

Athletics

Penn State Hockey Releases 2018-19 Roster

Brett Murray is no longer on the team after an uneventful tenure in Happy Valley that saw him score just one goal in 33 games.

Penn State Women’s Soccer Sophomores Start Season Strong

Penn State Women’s Soccer Beats Duquesne 6-0

Shea Moyer Lifts Penn State Women’s Soccer Past West Virginia 1-0

Penn State Women’s Soccer Poised For Strong 2018 Season

Student Life

Freshman 101: Helpful Links

Canvas, LionPATH, and eLiving are just a few of the websites you’ll need to figure out this great big world called Penn State.

Nominations Now Open For Gender-Neutral Homecoming Court

Your Fall 2018 Sylly Week Playlist

Plans Submitted For New KFC In State College

Developers have submitted preliminary land development plans to build a new KFC restaurant at 1780 S. Atherton St. in State College.

Mayor Don Hahn Plans To Veto Overnight Parking Restrictions In Highlands Neighborhood

Those in favor of the ordinance plan to consider overturning the veto at a special meeting next Monday.

While You Were Gone…

Here’s a roundup of what went on around Penn State during summer break.

Be the first to know

  • Top posts and the best Penn State stories

Thank you for subscribing.

Something went wrong.

What Changed In State College While You Were Away

With another summer in the books, here are all the changes to State College that happened while you were gone.

Send this to a friend