Tuesday, April 21, 2015

UM shoring up budget shortfall, requests $3.2 million from Student Affairs - Keila Szpaller, the Missoulian

The University of Montana has whittled down its budget shortfall for the upcoming school year, but the administration is asking Student Affairs to contribute $3.2 million to shore up its bottom line. The amount is the largest "proposed solution" listed in recent options UM considered. According to Vice President of Student Affairs Teresa Branch, it represents a substantial portion of money the "auxiliary" businesses in her division have been able to set aside for maintenance and capital improvements. "(But) the transfer of $3.2 million to the general fund does not completely eliminate the fund balances that have been built over many years," Branch said. http://missoulian.com/news/local/um-shoring-up-budget-shortfall-requests-million-from-student-affairs/article_62e44145-8ff9-587f-b108-007116b81608.html

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