LOUISVILLE, Ky., June 26 -- University of Louisville issued the following news release:
The University of Louisville Board of Trustees at its June 25 meeting approved a Fiscal Year 2027 budget President Gerry Bradley described as "structurally balanced" and "strategically focused."
At $1.96 billion, the budget is the largest in university history (an increase of 9.4% from the FY '26 budget). The increase is largely driven by clinical and sponsored research as well as state capital appropriations for the new Health Sciences Center Building and accounts for internal and external financial pressures such as inflationary costs to library subscriptions (+8% over two years), cybersecurity (+12%) and employer-funded health insurance (+19%).
"Th...