Friday, April 9, 2010
Budget shortfall creates financial woes for CCU - Trey Paul, WMBF
Budget shortfalls are causing some serious complications for Coastal Carolina University, and now the school's president says he's being forced to figure out how to operate the university without $4 million from the state. "For me to take $4 million out is going to eventually hit the personnel side," said President David DeCenzo during an interview on WMBF News This Week. Despite seven percent of Coastal Carolina's budget coming from the state, it still makes the school one of the lowest funded universities in South Carolina. Funds from the Penny Sales Tax and money from a capital improvement fee, which is paid through a part of student tuition, can only benefit school improvements and the construction of new buildings.