Friday, October 24, 2014

NCI to cut budget by 5 percent - PAUL COLLINS, Martinsville Bulletin

New College Institute has received confirmation that it will be required to adhere to a state-mandated budget cut of 5 percent for the 2014-15 fiscal year, which will mean the elimination of one full-time position and the deferment of another. That will amount to $75,952 for the fiscal year that will end June 30, 2015, said Leanna Blevins, NCI’s associate director and chief academic officer. An NCI press statement Wednesday stated that in August, Gov. Terry McAuliffe announced a statewide budget shortfall that would require cuts to a wide range of state agencies, including those in higher education. http://www.martinsvillebulletin.com/article.cfm?ID=43830