Tuesday, July 7, 2015

S.C. State cuts jobs, pay to balance its budget - Dale Linder-Altman, T & D

South Carolina State University is beginning its new fiscal year this morning with a budget balanced through some $19.1 million in cuts. The university’s new board unanimously approved on Tuesday a $67.8 million budget based on an enrollment of 2,650 students. Board Chairman Charlie Way said it was “absolutely imperative” that the board approve a balanced budget. Way said he’s confident the university is “getting our arms” around its financial difficulties. “We’re paying our bills, paying off vendors,” he said. “It’s a great day for South Carolina State.” The new budget shows a savings of $6.1 million in salaries and wages, including cutting 20 teaching positions and 13 or 14 staff positions. http://thetandd.com/news/scsu-cuts-jobs-pay-to-balance-its-budget/article_aa59f3ce-ea30-51f5-b9d1-03c7250cb836.html

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