UNT eyes budget cuts - Jenna Duncan, Denton Record

University of North Texas President Neal Smatresk is proposing administrative budget cuts of 3 percent or more and academic cuts of 2 percent as officials work to offset budget shortfalls caused by a series of financial missteps. Smatresk told the Faculty Senate on Wednesday that the academic cuts largely will be decided by the provost and deans and will not be made across the board. He said the administrative cuts could go deeper than 3 percent. “We’ve been a family that puts a lot on the charge card and pulls money out of the bank, and now we’re in a situation where we tighten the belt a little bit and save once again to get the reserves back up,” Smatresk said. http://www.dentonrc.com/local-news/local-news-headlines/20140514-unt-eyes-budget-cuts.ece