University of Nebraska announces budget strategy - Nick Starling, KMTV

University of Nebraska President Hank Bounds announced sweeping reforms within the system on Wednesday. Bounds announced broad changes in structure, policy and process that the university will implement to help manage a recurring $49 million budget shortfall. The changes are necessitated by cuts in state funding during the last legislative session combined with the university’s rising costs. “Budget cuts are never easy. They are even more painful when they come at the precise time that the University of Nebraska is experiencing remarkable momentum in growing our state’s economy and quality of life,” Bounds said. “Virtually every employee will be impacted in some way by the changes that we will make. http://www.3newsnow.com/news/local-news/university-of-nebraska-announces-budget-strategy