2025-26 Operating Budget Summary

2025-26 Interim Operating Budget [PDF]  

On Saturday, May 3, 2025, the Board of Managers adopted the interim Fiscal Year 2026 operating budget. The budget reflects the level of uncertainty surrounding federal legislation along with other financial uncertainties. Please refer to President Valerie Smith’s May 19, 2025 announcement to the Swarthmore Community on the Interim Operating Budget. A summary of the final budget will be available after the Board of Managers’ September meetings.