CSU governors invest $5 million in Pueblo campus - Northern Colorado Business Report

The board of governors for the Colorado State University system has voted unanimously to approve a $5 million investment in the university's Pueblo campus to help it weather financial challenges. The support will provide CSU-Pueblo with the means to balance the university budget during the current fiscal year, which ends June 30. The institution experienced a budget shortfall after a drop in enrollment last year. The university, which had budgeted for a 7 percent to 9 percent increase in enrollment for the 2013-14 academic year, determined in October that enrollment had decreased 2.7 percent. Tuition, student fees and state funding tied to enrollment account for 95 percent of the revenue used for education and general operations at CSU-Pueblo. http://www.ncbr.com/article/20140217/NEWS/140219935