Friday, May 12, 2017

Choi: University of Missouri System not ‘retrenching’ amid budget trimming - Rudi Keller, Columbia Tribune

Chairman Maurice Graham said “We will set some important priorities and Dr. Choi is working with all four campuses to find out where programs may be reduced, maybe in some cases eliminated.... The one thing that Dr. Choi has said and he said it again this morning is that there is going to be a significant increase in research.” Missouri lawmakers are working to complete a state budget by next Friday. State colleges and universities, including UM, are facing a cut of 6 to 9 percent. In addition, the tuition plan discussed Thursday, with a 2.1 percent hike for in-state undergraduates, will not raise enough new revenue to offset declining enrollment. The university has a $3.2 billion budget, with about $1.2 billion spent on academic operations. The loss of state revenue could be about $30 million and the decline in tuition revenue, if the current plan is approved, would be about $8.5 million.

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