Monday, March 13, 2017

More cuts in works as Wright State seeks to right budget - Tristan Navara, Dayton Business Journal

Wright State University officials say more cuts are likely as the school tries to form a budget for next year. In a meeting of the school's board of trustees Friday morning, trustees said reserves are now expected to dip down to a "razor thin" $26 million-$27 million as it projects to spend $40 million more than it will take in, and must dip into reserves to fill the gap. This follows a push cut expenses by $25 million for next year's budget because of lower state support and enrollment. A hiring freeze has already been implemented. http://www.bizjournals.com/dayton/news/2017/03/03/more-cuts-in-works-as-wright-state-seeks-to-right.html

No comments:

Post a Comment