Clemson trustees approve 2017-18 budget and re-elect chairman
CLEMSON — The Clemson University board of trustees Thursday approved the 2017-18 budget, re-elected its chairman and gave its support to important programs and capital projects.
The board received a detailed report on the 2017-18 budget, including the university’s investment in priorities to drive quality and the impact of mandated increases in the cost of employee benefits. The trustees approved the $1.15 billion budget, which is up 7.5 percent from the previous year.
To help fund these investments and mandated costs, the trustees approved the lowest percentage tuition increase in 20 years for in-state undergraduate students: a 2.75 percent increase, or $197 per semester for a full time-student. Out-of-state undergraduate tuition will increase by 4.25 percent, or $727 per semester. (Read more about tuition and fees here.)
The trustees re-elected Smyth McKissick as chair of the board for a second term. McKissick is a 1979 Clemson graduate and chief executive officer of Alice Manufacturing. He has served as a trustee since 1998.
The board also adopted a policy confirming its existing practice of requiring board expenses to be reasonable and for business-related purposes.
The trustees also:
- reaffirmed a resolution to fund a new tennis center using $12.5 million in athletic revenue bonds. These bonds would be repaid using solely athletic revenues, which are privately generated.
- approved new signs for 11 buildings listed on the National Register of Historic Places to tell the story of each facility’s origin, name and significance to university development.
- named the circular drive in front of Tillman Hall “Gantt Circle.” The naming commemorates the historic enrollment of Harvey B. Gantt, ’65, who was the first African-American to enroll at Clemson.
- approved a new Master of Transportation Safety Administration program aimed at professionals in transportation, police and highway safety departments and corporations and will be one of the first degrees of its kind.
- approved the establishment of the Center for Connected Multimodal Mobility (C2M2), an interdisciplinary center that will focus on finding new ways to move people and goods. Participating in the center with Clemson are Benedict College, The Citadel, South Carolina State University and the University of South Carolina.