University of Tennessee committee to discuss potential $377M budget gap - Rachel Ohm , USA TODAY

The Subcommittee on Efficiency and Cost Savings will meet with UT President Joe DiPietro's Budget Advisory Group at 9 a.m. Thursday at Andy Holt Tower. On the agenda is an update from the group and a discussion of its revised initiatives and goals for 2017 through 2019. The Budget Advisory Group was formed in 2014 as a way of looking at long-term cost savings as university officials predicted a budget gap that would grow to $377 million by 2025. In January, DiPietro told the subcommittee that the group was exceeding their goal of cutting $68 million from the budget gap and had seen a $118 million reduction over the last two fiscal years. http://www.knoxnews.com/story/news/education/2017/05/23/university-tennessee/339269001/