After running a budget deficit year after year and accumulating a significant amount of debt, the WSU Athletics Department is taking steps to right its fiscal wrongs. The department has developed a plan that projects a balanced budget by 2023.
The plan requires the approval of the WSU Board of Regents, who will discuss it at their Woodinville meeting June 7-8. This year, athletics is projected to spend $9.1 million more than they generate in revenue, pushing the department’s cumulative debt to $68 million.
To get into the black WSU is focusing on growing various revenue streams.