Northern Kentucky University Board of Regents Passes Balanced Budget for 2025-26 Fiscal Year – Knowhere News

Northern Kentucky University Board of Regents passes balanced budget for 2025-26 fiscal year – Knowhere News

During Wednesday’s Northern Kentucky University Board of Regents meeting, the board passed a balanced budget for the upcoming fiscal year. “Reaching a balanced budget just two years after a $24 million deficit is a significant milestone, and it didn’t happen without hard choices and real sacrifices across our university,” said Board of Regents Chair Nathan Smith. “We’re grateful to everyone who played a part in getting us here. This isn’t just a…

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 Chief Financial Officer Chris Calvert presented the fiscal year 2025-2026 operating budget at the meeting. “Reaching a balanced bu…