The University of Maine System board of trustees passed a balanced budget for 2012-13 on Monday despite a $2.3 million reduction in the state appropriation, decreasing enrollment and the first freeze on in-state undergraduate tuition since 1987. But “the current operating model will not be sustainable over time,” said Rebecca Wyke, the system’s vice chancellor for finance and administration. The budget reflects nearly $529 million in expenses, about $5.4 million less than fiscal year 2011-12.
http://bangordailynews.com/2012/05/21/education/university-of-maine-system-faces-declining-enrollment-aging-facilities/?ref=latest
