By Raymond Radford | firstname.lastname@example.org
The Board of Visitors met on Feb. 11 and 12 to adjust and finalize Radford University’s 2021 budget.
The budget for Radford has been set at $241.2 million, an increase from $233 million set back in Sept. 2020.
There was a revenue decrease of $8.1 million caused by the COVID-19 pandemic.
This decrease was due to the reduced amount of students on campus during the 2020-2021 school year.
Radford received $9.1 million from the CARES Act that offsets the loss in revenue. As a result, the board decided against any cuts to the university’s budget.
The next scheduled meeting for the board of visitors is scheduled for April 22 and 23.