Thursday, May 18, 2017

Budget cuts continue to plague the university - Zia Kelly, MU Maneater

Within a month of being sworn in earlier this year, Gov. Eric Greitens released two budgets that each made major cuts to state higher education funding. This came as MU was already losing money as freshman enrollment continued to drop. With state funding and enrollment both on the decline, it’s clear MU will be in a disappointingly bad spot when it comes to money. The first budget, a mid-fiscal year round of cuts in January, withheld $19.82 million from MU, leaving the university scrambling with four months left in the semester. In the second wave of cuts, MU campus leaders will be required to cut an additional $20 million from the university’s budget as part of the total $57 million in proposed cuts that the UM System will need to make during the 2018 fiscal year. The amount of money the system may need to cut within the next semester would equal the total budgets of the MU School of Business, School of Law and College of Engineering combined, according to a news release from UM System President Mun Choi. http://www.themaneater.com/stories/2017/5/2/top-disappointments-budget-cuts-continue-plague-un/