Sunday, December 25, 2016

Regents adjust to $1M in cuts -vStewart McClintic, Silver City Daily Press

Western New Mexico University is facing a loss of about $1 million due to state budget shortfalls, which affect its general fund, athletics and public service funding. The WNMU Board of Regents recognized this loss by approving a budget adjustment request during its Thursday meeting at the Student Memorial Building. Brenda Findley, vice president for business affairs, said that due to cuts in the wake of this year’s and next year’s predicted state budget shortfall, WNMU lost more than $90,000 from its instruction and general fund, more than $90,000 from its athletic funding, and more than $10,000 from its public service funding. Findley said the money for each category is doled out to universities every year and each comes from a different appropriation. She said the $10,000 hit to public service, which mostly goes to the Early Childhood Development Programs, was offset by other revenues. http://www.scdailypress.com/site/2016/12/10/regents-adjust-to-1m-in-cuts/

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