Corporation increases deficit with $1.95 billion budget for fiscal year 2027
The Corporation, the University's highest governing body, approved a $1.95 billion budget for fiscal year 2027 in their May meeting, according to a May 27 Today@Brown message . With $1.89 billion in expected revenue, the new budget creates over $50 million in debt, up from fiscal year 2026's $29 million deficit . The FY27 budget follows efforts to reduce the
The Brown Daily Herald1mo ago