Wednesday, October 29, 2014

NMSU Makes Progress On Budget Cuts - KRWG

New Mexico State University President Garrey Carruthers updated the Las Cruces campus Friday afternoon on measures NMSU is taking to reduce budget expenses following a decrease in fall enrollment. A decline in enrollment has a direct impact on NMSU’s finances, as revenue collected from tuition and fees supports the university’s I&G (Instruction and General) budget. As a result of that decline in enrollment, university leaders spent the last few weeks meeting with stakeholders from colleges and units across campus to identify about $4.8 million in reduced expenditures to make up for the reduced revenue, which amounts to about 2.5 percent of NMSU’s unrestricted I&G budget. http://krwg.org/post/nmsu-makes-progress-budget-cuts