The Western New Mexico University Board of Regents approved a $66.9 million budget for the 2023 fiscal year and discussed upcoming capital project priorities during their meeting Thursday. Before approving next fiscal year’s operating budget, the board approved an adjustment to the current fiscal year’s budget, in light of a $571,696 difference in the ending unrestricted instruction and general funds balance and of a difference of $83,914 in restricted instruction and general funds. Last April, the board approved a $50.9 million budget, and the final fiscal year 2022 budget was $72,768,878. “There are a couple pieces to this budget,” said Dr. Joseph Shepard, who is President of WNMU. “We used $5 million in one-time money to increase enrollment, and while 4,000 students didn’t materialize, I’m proud of the progress we’ve made. This budget moves us downward in terms of our reserves because we’re moving into a second year of the 4K initiative. This budget will...