Saturday, April 2, 2016

State budget impasse puts colleges, universities in fiscal limbo - Samuel Speciale, WV Gazette

West Virginia’s public universities and colleges must submit institutional budgets for approval by the end of June, but the lack of a state budget has left many higher education leaders guessing how much money will be available next year. “We’ve tightened up on a lot of things,” said Mary Ellen Heuton, Marshall University’s chief financial officer. Universities are now in the midst of budgeting season, balancing accounts so boards of governors can determine if cuts are needed or if student tuition needs to be raised to cover any shortfalls.

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