The University of Missouri system will cut programs and eliminate jobs to balance the $2.8 billion budget it set Tuesday for fiscal year 2013, which begins July 1. On the first day of their two-day meeting in Columbia, system curators approved the new budget, which reflects more than $35 million in cuts. About $1.1 billion, or 40 percent of the total budget, is for instruction and comes from state support and tuition at the four campuses. System President Tim Wolfe said that wading through a sluggish economy with shrinking state support has forced system leaders to question how much more they can cut without gnawing away the university foundation.
http://www.kansascity.com/2012/06/26/3678304/university-of-missouri-system.html
