Saturday, November 21, 2015

UMaine expects budget gap could hit $7.2 million next year - Nick McCrea, Bangor Daily News

The state’s flagship university will have to weigh changes to close a budget gap of up to $7.2 million in its next fiscal year, university officials announced Monday. “There’s no way to dispel everyone’s anxiety,” University of Maine President Susan Hunter said Monday morning. “This is hard work and it’s difficult, and people are concerned, but we want to make it as transparent as possible.” University officials discussed the preliminary state of the budget for fiscal year 2017, which will take effect in July 2016, during a meeting with faculty and staff Monday at Wells Commons. They urged the university community to chime in early and often throughout the budgeting process, as officials weigh where priorities should be placed.

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