Eastern Michigan University will soon sign a $115 million, 50-year contract to privatize management of its utilities. Houston, Texas-based CenTrio Energy will then be in charge of electric and water utilities and heating and cooling systems. The decision to move forward comes despite some concerns and objections raised by members of the EMU community. EMU vice president of communications, Walter Kraft, joined WEMU's David Fair to discuss the deal in further detail.
University of Minnesota administrators returned to the Legislature Tuesday after initially requesting $205 million in January for the University’s supplemental budget request.
At the University of Minnesota Board of Regents March meeting held on the Morris campus, regents received recommendations from student representatives on how to best support students.
Robert Kohrman, an experienced finance executive with more than 25 years of work in the field, was named Penn State’s new University budget officer beginning full time Dec. 19, 2022. Kohrman, having spent most of his career in higher education financial management and planning, most recently served as a self-employed financial services consultant.