Wright State Campus | Photo by Diana Jaber | The Wright State Guardian
From local happenings to national topics and global events here is the news worth knowing for the week of July 4, 2022.
WSU
July 1 marked the beginning of the 2023 fiscal year. Wright State University’s $235 million dollar budget, approved at the June 16 board of trustees meeting, took effect.
The budget includes a $15 million use of reserves, however, the actual use of reserves will most likely be lower as recent University financial trends show savings rather than total use of reserves.
According to financial operating reports presented at the meeting, WSU ended FY 22 with $19.6 million in surplus funds.
Additionally, the largest part of the budget is compensation for university employees which makes up about 80% of the budget. According to Sommer Todd, director of fiscal services, this includes $10.6 million in salary for 218 vacant positions.
Local
A new Ohio State Park is coming to the Xenia area, with the ground being broken on June 27.
The park and learning site features grounds and a learning center. Great Council State Park, features the history and importance of the Shawnee tribe in Dayton.
2023 is the expected opening year for the new park.
National
On Thursday, June 29, Honorable Ketanji Brown Jackson, was sworn in as the first Black female judge to the Supreme Court. Jackson was nominated by the Biden administration and was confirmed by Congress in early April 2022, according to a Supreme Court press release.
Justice Jackson replaces Associate Justice Stephen Breyer who retired from the Court after a 28-year term.
Global
Two annual sporting competitions featuring international players continue this week in London and France, respectively.
Wimbledon is the annual international tennis championship that takes place in Wimbledon, England. The over two-week-long championship features players from all around the world including famous U.S. tennis players Serena and Venus Williams.
The second event, the Tour de France, began on July 1 in Copenhagen, Denmark. Riders from all over Europe compete in the 21-stage bike race that crosses through four nations including Switzerland and France. The Tour ends on July 24 in Paris.
