The University is preparing to implement a $569,000 cut to the budget, in addition to facing a 4.4 million budget cut for the upcoming school year. Because the state did not meet its budget for the year, cuts are being made at every level, Larry Howell, executive vice president of the University, said. Because of a change to Group Benefit Allocations from the state, the University received a reimbursement, reducing the necessary cut for the end of the fiscal year to $313,000. Howell said the reimbursement was due to not having the number of employees expected at the University. “We’ve been really conservative because we have to be,” Howell said. As part of their conservative stance, the University is making changes in spending patterns to make up for the cuts. Supplies are purchased on a need-only basis, travel is kept to a minimum, and some vacant staff or faculty spots have not been filled. “We kept saying we needed to save money for next year because we knew cuts would be drastic. They were even more drastic than expected,” Howell said of the cuts.
http://www.thenichollsworth.com/news/chopped-1.2878624