University of Virginia braces for likely cuts in state funds - Katherine Wilkin, The Cavalier Daily

Gov. Terry McAuliffe contacted Virginia’s public colleges and universities last Wednesday requesting they prepare strategies in anticipation of a five percent decrease in state appropriations this coming fiscal year, and a seven percent decrease the following year. Schools were informed via a memo sent by McAuliffe’s Chief of Staff Paul Reagan. “Your respective analyst or manager in the Department of Planning and Budget (DPB) will contact you with the across-the-board reduction amounts for your institution,” Reagan said in the memo. “General fund support for financial aid is exempted and is not included in calculating your respective reduction amounts.” McAuliffe specifically advised public colleges and universities against increasing tuition to compensate for the decrease in state appropriation. http://www.cavalierdaily.com/article/2014/09/university-braces-for-likely-cuts-in-state-funds