PSU news by
Penn State's student blog

Topics

About

Board Meets Off-Cycle To Increase What University Can Spend Without Its Approval

Update 5:05 p.m.: Today’s meeting and the topics discussed were not official. The meeting was held to discuss the proposed changes that will be considered by the committee on Governance and Long-Range Planning when the Board meets for its May meeting.

Spending rules for Penn State will remain unchanged until the proposed changes are discussed in May.

Original: A special Board of Trustees meeting was held earlier Thursday afternoon that resulted in some changes pertaining to Penn State administration spending powers.

Previously, Penn State needed to seek approval from the Trustees on projects that cost up to $5 million. That figure saw a 300 percent increase today meaning Penn State can spend up to $20 million without Trustee approval.

These projects include building renovations and the distribution of funds. Certain rights such as honorific road and building names must still be approved by the Board, however. This decision gives Penn State far more power — or creative control, if you will — than it’s had before in terms of spending decisions, and shows a type of leniency we haven’t seen in some time from the Board in allowing the university to make these decisions without approval.

 

Your ad blocker is on.

Please choose an option below.

Sign up for our e-mail newsletter:
OR
Support quality journalism:
Purchase a Subscription!

About the Author

David Abruzzese

David is a senior from Rochester, NY, nestled right in beautiful Western New York. He is majoring in Broadcast Journalism, and as an avid sports fan, he passionately supports the Buffalo Bills and Buffalo Sabres. He is the first Penn Stater from his family, and couldn’t be prouder to represent Penn State University. In his free time, he likes to alpine ski, and play golf. You can follow him on Twitter @abruz11, and can contact him via email at [email protected]

Comments

Other posts by David

So Long, And Goodnight: David Abruzzese’s Senior Column

It’s been a hell of a ride, folks. Senior staffer David Abruzzese rides off into the sunset with his senior column.

Saquon Barkley Mum On NFL Future; Relishes Fiesta Bowl Opportunity

DOTD: Nittany Lion Catches Pass At Fiesta Bowl

UPUA To Consider New Policy Change Adding ‘Community Group’ Seats

Though the Judicial Board has final say on the timing of implementing all policy changes, it is expected the changes will take effect for the 14th Assembly if approved.

New Year’s Six Bowl Still A Possibility For Penn State Football

The Nittany Lions landed back in the New Year’s Six column for a few different post-week 11 bowl projections.

Send this to a friend