Budget Cuts Reverberate Across Campus - Sophie Pollock, Associated Press

For the first time in over 20 years, Santa Clara had a $4.5 million net operating loss in its overall operating budget. The College of Arts and Sciences had their operating budget cut by 6.7 percent—a total of $137,000—according to Debbie Tahmassebi, dean of the College of Arts and Sciences. The Leavey School of Business now has an operating budget of zero, meaning there is no budget surplus and they have very little spending flexibility. Various departments are also expected to pull from their gift funds, according to William Sundstrom, an economics professor and the Faculty Senate president-elect. http://thesantaclara.org/budget-cuts-reverberate-across-campus/