EWU faces grim financial future

CHENEY – Eastern Washington University’s Board of Trustees got a glimpse into the financial future of the institution at its May 29 meeting — and it’s not exactly very bright.

Vice President for Business and Finance Mary Voves told trustees the university will be looking at revenue reductions in a number of areas, partly due to impacts from the coronavirus pandemic. The first reduction stems from declining enrollment — with operating revenue loss from this source estimated at $12 million.

The university is budgeting for a fiscal year 2021 headcount of 8,600 students, a 14 percent decline that...