Oregon State Board of Trustees to consider budget for next fiscal year at May 27 meeting

CORVALLIS, Ore. – The Oregon State University Board of Trustees will meet May 27 to consider approving the university’s fiscal year 2022-23 operating budget and two construction projects on the Corvallis campus.

The board will consider approving $7.3 million to construct grandstands at the Whyte Track and Field Center and $13.75 million to renovate Gilkey Hall. The board also will consider approving a plan to ensure the recruitment, admission, retention and graduation of diverse educators in the College of Education.

The agenda also includes a modification to Honors College tuition rates; amendments to the university’s investment policy and its capital projects policy; a new lease agreement with the United States Department of Agriculture for an existing USDA facility on the Corvallis campus; and a presentation on federal legislation.

The meeting is scheduled from 9:15 a.m. to 2 p.m. to be held in the Horizon Room of the Memorial Union on the Corvallis campus. It is open to the public.

Board committees will meet beginning at 8 a.m. Thursday, May 26 in the Horizon Room. These meetings are also open to the public.

  • The Executive & Audit Committee will meet from 8 to 10:05 a.m. to consider the Office of Audit, Risk and Compliance’s 2022 progress report. The committee also will hear updates on OSU’s Public Safety Department and an update on the changing landscape in collegiate athletics regarding student-athlete Name, Image and Likeness and other matters.
  • The Academic Strategies Committee will meet from 10:15 a.m. to 12:30 p.m. to hear a status report on the new and existing academic program reviews and professional accreditations. The committee also will hear briefings on student life, student athletes and talent management.
  • The Finance & Administration Committee will meet from 1 to 5:30 p.m. to consider the university’s 2022-23 fiscal year operating budget, investment policy amendments and modifications to the University Honors College differential tuition rates for the 2022-23 academic year. The Board will also hear discussion on research infrastructure needs and OSU’s investment strategy.

Board and committee agendas and meeting materials will be posted as they are available at https://oregonstate.edu/leadership/trustees/meetings.

Members of the public may attend the May 26 and 27 meetings in person or view the meetings at https://leadership.oregonstate.edu/trustees/osu-board-trustees-video-stream

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