Board of Trustees News

Financial Action Plan Summary

Total Personnel Changes: Academics $1,279,099, Administration $740,838, Athletics $197,954, Grant Reconfiguration $50,222, Reallocation ($86,819), Personnel total $2,181,294, Non-Personnel Related Changes $520,232, Net Change $2,701,526

2018 Financial Action Plan FAQ

Printable Documents

Financial Action Plan FAQ (pdf)
Budget Chart Personnel Changes (pdf)


Personnel Changes, Academics total budget $22.3 million $1,279,099 5.7% reduction, Administration total budget 13.4 million $740,838 5.6% reduction, Athletics total budget $197,954 4.4% reduction

ASU Trustees adopt Financial Action Plan to restore fiscal health

Adams State University has put itself in a solid financial position after the ASU Board of Trustees on Friday approved a list of cost-saving recommendations. Continue Reading…

ASU Trustees accept resignation of President Beverlee McClure

The Adams State University Board of Trustees has accepted the resignation of ASU President Dr. Beverlee McClure, effective March 31, 2018. Continue Reading…

ASU Foundation and SLV Federal Bank aid university operations

The Adams State University Foundation authorized a distribution of funds to help alleviate the budget gap projected by the university. Continue Reading…

Recording of Feb. 28 Community Forum at ASU

Adams State University acting president Matt Nehring, Ph.D., and ASU Board of Trustees chair Cleave Simpson held a community forum on Wednesday, February 28 Continue Reading…

Adams State invites community to open meeting Wednesday

The meeting will be held Wednesday, February 28, at 6 p.m. in Porter Hall room 130. Free parking in campus lots is available after 5 p.m. Continue Reading…

Statement of Board of Trustees action taken Feb. 15, 2018

The Board adopts as the first significant component of the Fiscal Action Plan a goal of $2.7 million improvement in net operating results for FY18 compared to FY17. Continue Reading…

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Statement on Board of Trustees action taken Feb. 12, 2018

The Adams State University Board of Trustees met in executive session on Monday, February 12, 2018, to discuss the leadership that the university needs to meet the significant challenges it currently Continue Reading…