Tuesday, July 29, 2014

UMS trustees approve plan to address projected $69 million budget shortfall - Nell Gluckman, BDN

The University of Maine System’s board of trustees will attempt to add focus and accountability to their plan to close a budget gap that campuses have been grappling with for years. “It is very focused,” said Trustee Sam Collins of a strategic plan that the board approved at a meeting in Bangor on Monday. “It has timetables and goals attached to it.” Through the framework outlined in the four-page strategic plan, the seven universities and system office will attempt to close a projected $69 million structural gap over the next five years that was identified in a system-wide financial analysis. https://bangordailynews.com/2014/07/21/news/bangor/ums-trustees-approve-plan-to-address-projected-69-million-budget-shortfall/?ref=moreInbangor