Friday, September 29, 2017

UMD budget shortfall shrinks, but campus still in the red - John Myers, Duluth News Tribune

Increased enrollment, a 1 percent tuition hike and cost-cutting measures have helped the University of Minnesota Duluth battle a stubborn budget deficit in recent months, but the campus is still falling further into the red over the long haul. In a letter to faculty and staff on Thursday, UMD Chancellor Lendley Black said the campus budget shortfall will be $3.2 million during the current school year, raising the campus' long-term deficit to nearly $11 million by June. http://www.duluthnewstribune.com/news/4331833-umd-budget-shortfall-shrinks-campus-still-red