Wednesday, June 19, 2019

Ball State University cuts spending to avoid budget shortfall - Seth Slabaugh, Muncie Star Press

Ball State University proactively eliminated 25 positions and curbed some non-payroll expenses on Wednesday as the board of trustees approved the 2019-20 general fund budget. The trustees approved an increase in tuition of only 1.25 percent — the smallest climb since 1977 — and an increase in the salary pool of 1 percent — the lowest pay raise since the Great Recession of the late 2000s.  "For next academic year, our board of trustees adopted a stable and balanced budget, which provides a one percent salary increase with the possibility of an additional one percent mid-year supplement," Ball State President Geoffrey S. Mearns said Thursday.

https://www.thestarpress.com/story/news/local/2019/06/12/bsu-cuts-spending-avoid-budget-shortfall/1437060001/