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NKU turns projected deficit into $2.1M surplus in FY27 budget
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NKU turns projected deficit into $2.1M surplus in FY27 budget
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 2027 budget will mark the third straight fiscal year that NKU will maintain a balanced budget with positiv…
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