Friday, May 11, 2012
University budget cuts may continue: House wants to slice $50 million - Brian Sibille, LSU Reveille
After yet another year of fiscal and midyear budget cuts, the University could be dealt another budgetary blow by the Louisiana legislature over the next two months. At the beginning of the 2012 fiscal year, the University faced a relatively smaller cut of about $2 million. To compensate for the cut, the University defunded a number of scholarships from the School of Music and made some compromises to the operating budget. Students also saw tuition increases of about $300 for Louisiana residents and roughly $1,500 for non-residents thanks to the LA GRAD Act. To compensate for the cut, the University asked the LSU System to allocate nearly $8 million for the main campus. “We have to get to a world where it’s not a question of being cut, it’s a question of how much money we get,” Jack Hamilton, executive vice chancellor and provost, told The Daily Reveille on Aug. 22.
