UMD announces budget cuts - Lisa Kaczke, Duluth Tribune

Facing a $5.4 million budget shortfall next fiscal year, the University of Minnesota Duluth announced Thursday that it will make budget cuts over the next several years. The university will reduce its budget by $600,000 in fiscal year 2019, which begins July 1, UMD Chancellor Lendley Black announced Thursday in employee town hall meetings. Beginning with 2020, UMD is planning to make cuts that could range from an estimated $1 million to $1.5 million, but those amounts could fluctuate depending on revenues and expenses. If UMD's budget model is realized through 2023, the university would be in the black in five years, he said. http://www.duluthnewstribune.com/news/4386869-umd-announces-budget-cuts