{"id":2508,"date":"2025-08-25T20:43:00","date_gmt":"2025-08-25T20:43:00","guid":{"rendered":"https:\/\/www.mtsu.edu\/president\/?p=2508"},"modified":"2026-05-01T02:04:39","modified_gmt":"2026-05-01T07:04:39","slug":"fall-2025-budget-and-salary-update","status":"publish","type":"post","link":"https:\/\/www.mtsu.edu\/president\/fall-2025-budget-and-salary-update\/","title":{"rendered":"Fall 2025 Budget and Salary Update"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 20px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p>The Tennessee legislature approved a state appropriation increase for MTSU in the 2025\u201326 General Appropriations Act. The final budget included net operating funds of $319,100, partial funding for a salary pool of $3.2 million to be distributed at the discretion of the University, and $1.4 million to cover increases in employee benefits for a partial year. <\/p>\n\n\n\n<p>At the June Board of Trustees meeting, the board approved my recommendation to provide a 1.8% cost of living allowance salary increase, with a $750 minimum. Raises were effective July 1 for administrative and classified staff and Aug. 1 for faculty. I may recommend additional salary increases based on the availability of funding from additional resources this fall. <\/p>\n\n\n\n<p>The University received recurring funding of $1.4 million to provide continued financial aid for the Medical School Early Acceptance Program jointly administered by MTSU and Meharry Medical College. <\/p>\n\n\n\n<p>In addition, the state budget included $3.5 million in capital maintenance funds for one of the 13 capital maintenance projects submitted for funding. The approved project is for multiple building envelope components and structural repairs. <\/p>\n\n\n\n<p>At the June quarterly meeting, the MTSU Board of Trustees approved a 6.49% increase in tuition and mandatory fees for the 2025\u201326 academic year.<\/p>\n\n\n\n<p>In other news, Drew Harpool was appointed interim vice president for business and finance in June, following his tenure as associate vice president since October 2023. Harpool leads a team responsible for the University\u2019s financial and physical operations, overseeing an annual operating budget exceeding $500 million and a capital footprint valued at more than $1 billion. He is responsible for the management of the University\u2019s budget and financial planning; the Office of Business and Finance; Campus Planning; Facilities Services; Human Resource Services; University Police; Administrative and Business Services (which includes the MTSU Post Office, Phillips Bookstore, Vending, Procurement and Logistic Services, Contract Office, Distribution Services, and Receiving and Moving Services); and Events and Transportation (Event Coordination, Parking and Transportation Services, Murphy Center Complex, Tennessee Livestock Center, and Tennessee Miller Coliseum).<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Tennessee legislature approved a state appropriation increase for MTSU in the 2025\u201326 General Appropriations Act. The final budget included net operating funds of $319,100, partial funding for a salary pool of $3.2 million to be distributed at the discretion of the University, and $1.4 million to cover increases in employee benefits for a partial [&hellip;]<\/p>\n","protected":false},"author":192,"featured_media":2509,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.mtsu.edu\/president\/wp-json\/wp\/v2\/posts\/2508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mtsu.edu\/president\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mtsu.edu\/president\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mtsu.edu\/president\/wp-json\/wp\/v2\/users\/192"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mtsu.edu\/president\/wp-json\/wp\/v2\/comments?post=2508"}],"version-history":[{"count":1,"href":"https:\/\/www.mtsu.edu\/president\/wp-json\/wp\/v2\/posts\/2508\/revisions"}],"predecessor-version":[{"id":3247,"href":"https:\/\/www.mtsu.edu\/president\/wp-json\/wp\/v2\/posts\/2508\/revisions\/3247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mtsu.edu\/president\/wp-json\/wp\/v2\/media\/2509"}],"wp:attachment":[{"href":"https:\/\/www.mtsu.edu\/president\/wp-json\/wp\/v2\/media?parent=2508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mtsu.edu\/president\/wp-json\/wp\/v2\/categories?post=2508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mtsu.edu\/president\/wp-json\/wp\/v2\/tags?post=2508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}