TRUSTEES: GGBTS budget raised 7.8%

Golden Gate Baptist Theological Seminary’s trustees have approved a 2012-13 budget of $11,565,000, an increase of 7.8 percent. “This is the largest budget increase in more than a decade,” Golden Gate President Jeff Iorg noted during the trustees’ April 23-24 meeting. The increase, Iorg said, is based on increased enrollment anticipated from new programs being initiated by the seminary in the fall.