Still Life

Rally in the Valley excites fans

Rally in the Valley excites fans

November 6, 2009

Students capture fall at University Park

Students capture fall at University Park

November 5, 2009

Penn State Greeks strut their Broadway stuff

Penn State Greeks strut their Broadway stuff

November 1, 2009

THON 5K draws thousands

THON 5K draws thousands

November 1, 2009

Jazz masters wow audience

Jazz masters wow audience

October 28, 2009

Arboretum boardwalk and overlook chosen as 2010 senior class gift

Arboretum boardwalk and overlook chosen as 2010 senior class gift

October 27, 2009

Outreach mission brings jazz legends to high school musicians

Outreach mission brings jazz legends to high school musicians

October 27, 2009

Penn State Altoona celebrates 70th anniversary

Penn State Altoona celebrates 70th anniversary

October 27, 2009

Campus Night Out

Campus Night Out

October 22, 2009

Photography students play with light, shadow

Photography students play with light, shadow

October 20, 2009

Homecoming 2009

Homecoming 2009

October 17, 2009

Weather not a factor in Homecoming enthusiasm

Weather not a factor in Homecoming enthusiasm

October 16, 2009

Featured Video

2009 State of the University Address

2009 State of the University Address

Penn State Solar Decathlon 2009, part two: Natural Fusion goes to Washington

Penn State Solar Decathlon 2009, part two: Natural Fusion goes to Washington

Natural Fusion, Penn State's Solar Decathlon Team 2009

Natural Fusion, Penn State's Solar Decathlon Team 2009

Behind the scenes with the stadium concessions team

Behind the scenes with the stadium concessions team

Penn State's creamery, from the cow to the cone

Penn State's creamery, from the cow to the cone

Beaver Stadium Behind the Scenes and On the Air

Beaver Stadium Behind the Scenes and On the Air

Beaver Stadium Behind the Scenes: Video Board

Beaver Stadium Behind the Scenes: Video Board

Video gives students sneak peek at new campus location

Video gives students sneak peek at new campus location

Historic Old Main Bell removed from tower for restoration and display

Historic Old Main Bell removed from tower for restoration and display

Budget and appropriationBudget and appropriation Feed

Governor proposes $21 million cut in Penn State funding

Governor proposes $21 million cut in Penn State funding
Wednesday, February 04, 2009

Penn State faces a $21 million cut in state funding with next year's proposed state budget announced in Harrisburg Feb. 4.

"The University understands the extraordinary circumstances faced by the Commonwealth and is prepared to do its part," said President Graham Spanier. (more)

President addresses belt tightening as University faces deeper cuts

Thursday, December 11, 2008

Colleges and universities are facing difficult financial decisions stemming from the widening global economic crisis. In a discussion this week at Faculty Senate, Penn State President Graham Spanier reassured community members that the University is on solid financial ground, but will face serious challenges because of a $21.2 million recission from the state. (more)

Penn State alerted to potential $15 million cut

Thursday, October 09, 2008

Penn State has been asked by Pennsylvania's Secretary of the Budget to plan for a $15 million budget cut this year, as the state's revenues continue to run below projections. (more)

Board approves 2009-2010 capital budget request

Friday, September 19, 2008

University Park, Pa. -- Penn State's Board of Trustees today (Sept. 19) authorized the University to request $130.7 million from the Pennsylvania Legislature for a number of future capital projects. Each year at this time, Penn State provides a status of its overall five-year capital plan and presents a capital budget request to the Board of Trustees for approval. (more)

Trustees approve 2009-10 appropriation request

Friday, September 19, 2008

Penn State's Board of Trustees today (Sept. 19) approved the University's proposed 2009-10 budget plan and state appropriation request. The University is seeking an appropriation increase from the Commonwealth of $24.5 million, or 6.9 percent. Of this amount, $18.6 million is requested for the Educational and General line-item, and $4.9 million for its other line-items. An increase of $1 million also is being requested in State and Federal Medical Assistance funding provided to the Penn State Milton S. Hershey Medical Center through the Pennsylvania Department of Public Welfare. The total appropriation request for 2009-10 is $377.3 million. (more)

Penn State to receive 1.2 percent appropriation increase from state

Monday, July 07, 2008

Penn State will receive a 1.2 percent increase in state appropriation for the 2008-09 fiscal year as a result of the new budget approved by the Senate and the House and signed by Pennsylvania Gov. Edward Rendell over the holiday weekend. The total appropriation for Penn State for this fiscal year is $338.4 million, an increase of $4.1 million over last year. (more)

Trustees see revised operating budget

Friday, September 07, 2007

A change in Penn State's appropriation from the state has resulted in a revised budget being presented today (Sept. 7) to the Board of Trustees. At its meeting on July 13, the board approved an operating budget for the fiscal year beginning July 1, 2007, which included an estimated state appropriation. Subsequently, Gov. Ed Rendell signed Penn State's appropriation bill of $334.2 million. In addition, $14.5 million of state and federal medical assistance funds for the Penn State Milton S. Hershey Medical Center also will be provided through the Pennsylvania Department of Public Welfare. (more)

Trustees approve proposed appropriation request for 2008-09

Friday, September 07, 2007

Penn State's Board of Trustees today (Sept. 7) approved the University's proposed 2008-09 budget plan and state appropriation request. The University is seeking an appropriation increase from the Commonwealth of $24.2 million, or 6.9 percent. Of this amount, $18.3 million is requested for the Educational and General line-item, and $4.9 million for its other line-items. An increase of slightly more than $1 million also is being requested in State and Federal Medical Assistance funding provided to the Penn State Milton S. Hershey Medical Center through the Pennsylvania Department of Public Welfare. Penn State's 2008-09 budget request reflects the University's need to keep pace with the rising costs associated with carrying out its land-grant, public university mission and the need to continue providing high-quality programs for its students. "The funds will be used to help support the University's basic operating cost increases, with emphases on competitive faculty and staff salary adjustments, escalating health-care costs, deferred maintenance and facilities improvements, and strategic academic program initiatives," said Penn State President Graham B. Spanier. (more)

Trustees approve operating budget

Friday, July 13, 2007

Although the state Legislature has not yet passed a budget for the 2007-08 fiscal year, Penn State's Board of Trustees has approved the University's operating budget. The $3.4 billion budget is based on the governor's executive budget recommendation, which would amount to a projected $332.9 million appropriation from the state. Should the actual appropriation differ, the University would present a revised budget to the trustees at a later date.
(more)

Statement by President Graham B. Spanier to the House and Senate Appropriations Committees

Statement by President Graham B. Spanier to the House and Senate Appropriations Committees
Tuesday, February 27, 2007

Penn State President Graham B. Spanier appeared before the Pennsylvania House Appropriation Committee Tuesday (Feb. 27) morning, and will appear before the Pennsylvania State Appropriation Committee Tuesday afternoon. To read his statement, visit http://live.psu.edu/story/22584 (more)