LU Board of Curators passes 2026 budget

COLUMBIA, Mo. (KMIZ)

The Lincoln University Board of Curators on Thursday morning approved the school’s budget for fiscal year 2026.

A document from the board states that the general fund budget is $43,196,623 and the auxiliary fund budget is $6,973,471.

The budget includes $2.3 million to finish a salary study “with individual adjustments capped at 11% for faculty, 5.5% for staff, or a 2.5% COLA increase for employees not affected by the salary equity study.”