Baylor Regents Approve $193.5 Million Operating Budget
WACO, Texas -- Baylor University regents today adopted a $193.5 million operating budget for 1998-99 and approved a new strategic plan for the university. The new fiscal plan is a 9.7 percent increase over the current budget of $176.3 million.
The 1998-99 budget includes a $13.7 million capital expenditures component that will fund a variety of construction and renovation projects, technology upgrades and parking and street repairs.
The strategic plan resulted from a yearlong effort by administrative and academic departments to provide a detailed blueprint for carrying out Baylor's mission.