Kalamazoo College faces budget deficit: officials predict job cuts - Paula M. Davis, Kalamazoo Gazette

Kalamazoo College officials are projecting a $2.8 million budget shortfall in the 2009-2010 school year, which will probably lead to the elimination of some positions and reduction of some others to part-time. How many, which positions and when is not clear, said Tom Ponto, the college's vice president for business and finance. "There's a lot of uncertainty," Ponto said. Normally in February, the college's board of trustees sets the following school year's tuition and budget. Leaders will set tuition soon but are putting off adopting the budget until June, when they hope to have a better handle on income. The uncertainty is in the college's major revenue streams -- tuition, its endowment and fundraising.