Sunday, May 21, 2017

University of Nebraska caught in budget slugfest - JOANNE YOUNG Lincoln Journal Star

Debate on the 2017-19 budget continued last Thursday morning, and the University of Nebraska got caught in the fight about more cuts. Part of the discord surrounding whether to cut spending in the $8.9 billion budget was whether to make up part of a $55 million revenue decline by lowering of the minimum reserve from 3 percent to 2.5 percent. That would represent $42 million. Stinner told them the committee made nearly $10.8 million in additional cuts. But that left about $39 million to make up. Some dissenting senators want cuts to the budget instead.

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