Thursday, April 4, 2019
UO faces $12.9 million budget shortfall despite tuition increases, budget cuts - Jordyn Brown The Register-Guard
The University of Oregon is facing a $12.9 million budget shortfall next year despite recent tuition and fee increases and the announcement of $11 million in budget cuts by President Michael Schill last week — and if the university can’t get the additional money it’s lobbying for from the state, it could be forced to raise tuition for in-state students and consider layoffs. With 80 percent of the university’s budget earmarked for salaries, UO’s Chief Financial Officer Jamie Moffitt said in an email, “It is very difficult to implement a cut of this magnitude without affecting personnel (either through vacant or held positions).” And, with next year’s enrollment numbers still unclear, UO has increased recruiting efforts to attract new students before the Board of Trustees decides on in-state tuition costs in May.
https://www.registerguard.com/news/20190329/uo-faces-129-million-budget-shortfall-despite-tuition-increases-budget-cuts