Letter from Provost reveals total operating budget, recommends shifts in spending

Luke Grippo 
Daily Princetonian

Excerpt: In March, the Princeton University Board of Trustees voted to approve the University operating budget for the 2025–2026 fiscal year. For the first time in three years, the total operating budget was not shared in this announcement. Now, a letter from Provost Jennifer Rexford to the Council of the Princeton University Community (CPUC) has revealed the total operating budget to be $3.5 billion — nearly a half billion increase from last year’s budget. 

Accompanying this letter is the CPUC Report of the Priorities Committee to the President, with an introductory letter from Rexford to University President Christopher Eisgruber ’83, containing a set of recommendations for budget spending. However, these numbers are still subject to change, Rexford noted in the letter.

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