Baylor Regents Approve $193.5 Million Operating Budget

May 8, 1998

by Larry D. Brumley

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.

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