Monday, June 5, 2017

MU budget proposal calls for nearly $60 million in cuts - Alan Burdziak, Columbia Tribune

The University of Missouri plans to eliminate 328 full-time positions at its flagship Columbia campus as part of nearly $60 million in cuts to the fiscal year 2018 budget as it seeks to alleviate a massive budget shortfall caused by a drop in enrollment and a decrease in state funding. Of the reductions, $40.6 million is slated to be cut in recurring costs and $18.9 million in one-time costs, according to a budget proposal MU interim Chancellor Garnett Stokes sent to UM System President Mun Choi and was published on the system’s website Friday night. http://www.columbiatribune.com/news/20170520/mu-budget-proposal-calls-for-nearly-60-million-in-cuts