Friday, July 28, 2017

St. Mary's College prunes budget due to decline in student enrollment - JACQUI ATKIELSKI, South Maryland News

Due to a decline in student enrollment, St. Mary’s College of Maryland’s board of trustees on Thursday adjusted the college's operating and capital budgets, including pruning 12 vacant positions in departments such as information technology and the library. Other cuts to this year's fiscal budget include a reduction to faculty personnel savings due to retirements, elimination of pay raises and deferring strategic initiatives. The finalized operating budget is now $67.5 million based on an enrollment projection of 1,411 full-time undergraduate students, which is 112 fewer than the prior year’s assumption, trustee John Wobensmith said during a board teleconference. http://www.somdnews.com/breaking/st-mary-s-college-prunes-budget-due-to-decline-in/article_17df86b8-bba9-5ecf-b584-8955f3de1d37.html

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