The Board of Visitors’ Finance Committee met Friday to discuss next year’s fiscal budget, leading to a tense exchange about its contents. The Committee also discussed new housing and dining plans for the College at Wise campus and a new potential corporate partner in student health insurance, among other items on the agenda.
The Finance Committee, chaired by Robert Blue, oversees the University’s financial affairs — including budgeting, tuition and fee approvals, investments, property acquisitions and more. It also monitors research funding, partnerships, commercialization activities and liaises with the University Investment Management Company.
Chief Operating Officer J.J. Davis presented the 2025-26 fiscal year operating budget, which marks a 10.8 percent increase from the…