Troy University approves shrinking budget - Troy Messenger

The Troy University Board of Trustees approved an annual budget of $225 million during Thursday’s meeting. “That’s down from $253 million three years ago,” said Chancellor Jack Hawkins. The university has had to contend with a shrinking budget for several years. It has meant raising tuition, trimming departmental budgets and taking a closer look at the student-teacher ratio on each of its campuses. “We attempt to do more with less and are always focused on good stewardship,” said Hawkins. “We’ve probably gotten the most mileage per dollar of any institution in the state.” http://www.troymessenger.com/2014/07/24/troy-university-approves-shrinking-budget/