Sunday, February 7, 2016

UND deals with the reality of budget shortfall - Anna Burleson, Bismark Tribune

While a short-term solution for this fiscal year is in sight, a state budget forecast means those at University of North Dakota have an even larger task in front of them to balance the school's budget in coming years. UND receives budget appropriations from the state on a two-year basis. In the 2015-17 biennium, UND already faces a $5 million deficit partially due to a legislatively mandated tuition increase cap of 2.5 percent when a 3.7 percent increase was needed to cover costs. http://bismarcktribune.com/news/state-and-regional/und-deals-with-the-reality-of-budget-shortfall/article_768811bb-a938-593f-97c9-a10c1adf27ed.html

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