Tuesday, January 3, 2012

Louisiana universities detail cuts - Sarah Eddington, News Star

Three northeastern Louisiana universities are tightening their belts once again as the University of Louisiana System undergoes another round of midyear budget purges. The UL System recently announced it will be reducing its nine universities' budgets a total of $17.2 million, which equates to 5.1 percent of general funds for each university. The cuts are a result of higher education's $50 million share of the state's $251 million deficit, according to a news release from the UL System. The reduction comes from the system's total general fund budget of $336.2 million. All campuses were required to submit budget reduction plans to the Louisiana Board of Regents through the UL System office by Thursday.