Tuesday, April 27, 2010

NU facing $28M budget shortfall - Leslie Reed, WORLD-HERALD BUREAU

Some tough budget decisions may be ahead for the University of Nebraska Board of Regents. NU budget director Chris Kabourek told the regents Friday that without a tuition increase, NU could be facing a $28 million shortfall during the 2010-11 budget year. That assumes a 1.5 percent pay increase for faculty and staff. In response, some regents called for a rethinking of NU spending priorities, instead of continuing to rely on individual campus leaders to come up with spending cuts and budget reallocations.