WSU trustees to consider property sale or purchase in closed-door meeting

Wright State University’s board of trustees will meet at 5:30 p.m. today.

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Wright State University’s board of trustees will meet at 5:30 p.m. today.

Wright State University’s board of trustees will hold a special executive session this evening to discuss the purchase or sale of real estate.

The lone reason for the meeting was revealed in the board’s agenda posted online.

The meeting will take place at 5:30 p.m. in the Wright Brothers Room of the WSU student union, according to the agenda.

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The agenda did not reveal any further details of the property trustees will be discussing.

Wright State officials have long discussed the possibility of selling off some of the college’s property or assets to save money and rebuild the school’s reserve fund, which was depleted by years of overspending.

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WSU officials in June took the first step to try to correct that overspending by slashing more than $30.8 million from the school’s fiscal year 2018 budget.

In October, Wright state trustees sold 11 unused lots in Yellow Springs for $350,000.

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