In March, Northern Kentucky University predicted a $1.9 million deficit for fiscal year 2027; instead, on Wednesday, the NKU Board of Regents approved the fiscal year 2027 budget with a $2.1 million surplus. ​The approved budget includes a $222 million operating budget for fiscal year 2026-27 and a 3% salary increase for eligible staff. The […]
Tag: NKU budget
Posted inNews
Two years after $24M deficit, NKU reaches balanced budget
Northern Kentucky University expects to finish fiscal year 2025 with positive cash flow for the first time in five years and only the third time in 11 years. The NKU Board of Regents passed a balanced budget for the upcoming fiscal year during the June 11 meeting. NKU Vice President for Administration and Finance and […]
