UW Budget Reductions Approach Target for Current Fiscal Year - University of Wyoming

The University of Wyoming has realized reductions totaling about $16 million for the current fiscal year, under its target of $19.3 million. While efforts will continue to reach the FY 2017 target, President Laurie Nichols and UW’s Financial Crisis Advisory Committee (FCAC) are proceeding with a process to identify additional cuts totaling $15 million for the following fiscal year. Nichols, who updated the FCAC on the FY 2017 reductions during its regular meeting Friday, says she is pleased the immediate budget-cutting measures approved by the Board of Trustees in June have produced savings that approach the estimates. http://www.uwyo.edu/uw/news/2016/08/uw-budget-reductions-approach-target-for-current-fiscal-year.html