The Southern Illinois University Board of Trustees approved a series of finance and capital actions during committee and full-board proceedings, acting on tuition and fee changes, property acquisition, license disposition and energy projects.
Finance committee members approved proposed FY27 tuition and fee adjustments for the School of Medicine: a 0.7% increase for the physician assistant master's program and a 1.1% increase for medical students, with a fee increase of about $66.80 for medical students, presented by Dean Cruz. The board approved the item on roll-call after trustees moved and seconded the motion.
Trustees approved the purchase of two properties at 642 and 648 Herndon Streets to expand the School of Medicine footprint. Dean Cruz said the purchase price is $185,000 with an estimated $85,000 for closing and demolition; the acquisition will be funded with non-appropriated funds.
The board also approved clarification of an earlier transaction for WSIU: legal counsel determined that the previously authorized transfer to Independent Spectrum Voline LLC is structured as an outright sale of the FCC educational broadband service license WLX262 rather than an assignment or sublease. Meeting materials show the negotiated sale price at $1,500,000 with foregone royalties of $479,000, yielding an estimated net of about $1,100,000 to WSIU.
On campus energy work, trustees approved contracts and leases with Johnson Controls Inc. (JCI) for solar installations and advanced LED lighting across SIUC buildings. Meeting presenters estimated project payments of roughly $14.1 million over 20 years and projected electricity savings of about $36.3 million over the same term, yielding net savings; trustees approved the matter in both Finance and Architecture & Design committees.
All items were voted by roll call and incorporated in committee approvals and the omnibus motion where applicable.