Wednesday, February 22, 2017

U IOWA WRESTLES WITH BUDGET - Marissa Payne, Daily Iowan

Despite the Iowa Legislature’s decision to cut $18 million from higher education as a result of a state budget shortfall, University of Iowa officials are aiming to maintain the institution’s excellence. The state budget shortfall is only one component of the UI’s budget concerns, resulting in a reduction of $8 million in state appropriations. The UI has its own budget deficit of $16.7 million. Terry Johnson, the UI chief financial officer and treasurer, discussed the UI’s efforts to address the budget deficit at the Tuesday Faculty Senate meeting in the Old Capitol. Johnson said a shifting makeup in the student body of resident, nonresident, and international students in part contributed to the deficit — particularly international-student enrollment, which declined this year.

No comments:

Post a Comment