Thursday, September 18, 2014
University of West Alabama approves budget to cover $764K shortfall - Ed Enoch, Tuscaloosa News
The University of West Alabama Board of Trustees approved a fiscal year 2015 budget Monday that will use reserve funds to cover a $764,227 deficit in its online education budget. The fiscal year starts Oct. 1. The trustees approved a preliminary plan for its $42 million fiscal operating budget in June when they approved a 5.5 percent tuition increase. Trustee Alex Saad said in June that the university took the unusual step of splitting the vote on components of the budget because of the situation surrounding the ouster of former President Richard Holland. Monday, Saad praised work by the university staff to review the budgets and find savings. "Nobody lost their job, that was the No. 1 thing," Saad said. "We wanted to make sure the students didn't pick up the tab for something that could have been, should have been done."
http://www.tuscaloosanews.com/article/20140908/news/140909636