Thursday, February 27, 2014
University of Minnesota Duluth looks to cut nearly $12 million - Jana Hollingsworth, Forum News Service
The University of Minnesota Duluth will announce next week more concrete plans on how it expects to reduce $11.9 million from its budget. Reductions in state funding, decreased tuition revenue and an unexpected fringe benefit shortfall led to the deficit, and in recent months, UMD has been studying ways to make cuts and raise and save money through a campuswide process that has caused tension among many employees who are worried about the outcome. “There is very little hope among the faculty,” said Steve Matthews, vice chairman of a new faculty council created under Chancellor Lendley Black.
http://www.inforum.com/event/article/id/427010/