Monday, October 10, 2016

Budget cuts amount to $1.58 million for USM - Garrett Minta, Student Printz

Mississippi’s legislature cut $1.58 million from The University of Southern Mississippi’s budget, and university officials are working to deflect the effects of the expenditure cuts now. Gov. Phil Bryant announced another round of budget cuts on Sep. 8 to fix an accounting error of $57 million. Across all departments – excluding K-12 education, the military and student financial education – Bryant ordered a 1.6 percent budget cut to account for the error, according to The Clarion Ledger. The IHL board announced to the universities that schools will lose 1.63 percent. USM has received more than $90 million this year through state appropriations and another $9 million in one- time funding that has specific usage requirements, including the Educational Enhancement Funds.

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