The Pitt News

The budget and executive committees of the University’s Board of Trustees met Tuesday morning to approve next year's budget.

Tuition hiked, next year’s budget to increase by 3%

By Jon Moss, Editor-in-Chief July 13, 2021
Pitt’s roughly $1 billion education and general budget will increase by 3%, or $29 million, next year, following Tuesday morning approval from the budget and executive committees of the University’s Board of Trustees.
The committee approved a flat distribution rate from the University’s endowment this year in the wake of the COVID-19 pandemic.

Endowment distribution to remain the same for 2022 fiscal year

By Natalie Frank, News Editor June 15, 2021
The Investment Committee of Pitt’s Board of Trustees voted at a public meeting Thursday morning to keep the spending policy and distribution from the University’s endowment funds the same in the 2022 fiscal year.
University officials said the Board will vote on several measures related to fossil fuel divestment and socially responsible investing at their meeting on Friday at 10:30 a.m. Members of the Fossil Free Pitt Coalition demonstrated at Pitt’s previous Board of Trustees meeting at Pitt’s Johnstown campus.

Context: February Board of Trustees meeting

By Jon Moss, News Editor February 28, 2020
Pitt’s Board of Trustees will hold its first meeting of 2020 in the William Pitt Union’s Assembly Room on Friday at 10:30 a.m. to provide an update on University affairs to the community.
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