Thursday, September 24, 2015

Cal U. faces $5.4 million budget deficit - Scott Beveridge, Observer-Reporter

California University of Pennsylvania is facing a $5.4 million deficit in the budget for this academic year, and it will take steps to reduce spending, its interim president said Wednesday. The university will cut travel expenses, leave some vacant positions unfilled and make up the shortfall with money in a reserve account, Cal U. Interim President Geraldine M. Jones said at a university trustees meeting. “I remain optimistic about our future,” Jones said, adding that many questions about revenues remained uncertain with the state budget impasse in Harrisburg. http://www.observer-reporter.com/article/20150916/NEWS01/150919538

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