Tuesday, February 23, 2016

Extra revenue, vacant positions solve UND budget shortfall - Anna Burleson, Forum News Service

While the search for long-term solutions is ongoing, officials said they have solved an initial $5.3 million budget shortfall at the University of North Dakota, and then some. In an effort to address ongoing budgetary concerns such as extraordinary repairs, the Energy and Environmental Research Center budget deficit and search for a new president, the school actually saved $13.3 million for fiscal year 2016. According to documents provided by UND, the cost-saving measures are one-time and temporary in nature. They were evenly distributed between academic, non-academic and finance and operations, all of which contributed between 27 and 30 percent of the $13.3 million in savings. http://bismarcktribune.com/news/state-and-regional/extra-revenue-vacant-positions-solve-und-budget-shortfall/article_f0ccb39d-82ba-5074-9bfb-ee9a1f97d291.html

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