Friday, November 18, 2016

State funding slash may force millions in budget cuts at Virginia Tech as early as July - Richard Chumney, Collegiate Times

Beginning in July, Virginia Tech may be forced to cut up to $12.9 million from its annual budget. The university confirmed the cuts a day after The Roanoke Times reported that state funding for public universities will be cut by 7.5 percent to help make up for a projected $1.5 billion budget shortfall. In a letter sent Tuesday, Virginia Governor Terry McAuliffe’s office informed higher-education officials of plans to pass $654 million of the shortfall on to state universities and colleges. McAuliffe will present his budget to the General Assembly on Dec. 16. McAuliffe's Chief of Staff Paul Reagan, who wrote the letter, asked that funding reductions not be offset by any unscheduled increase in tuition and fees. http://www.collegiatetimes.com/news/state-funding-slash-may-force-millions-in-budget-cuts-as/article_da31eba8-a2b6-11e6-956b-b3ebb30c3659.html

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