Saturday, October 12, 2019

UMD budget shortfall ticks up slightly - Adelie Bergstrom, Duluth Tribune

The university's "structural imbalance" for fiscal year 2020 is estimated at about $4.14 million, up from $3.98 million in June, at the end of fiscal year 2019. The University of Minnesota Duluth’s budget deficit will increase slightly this year, according to its annual budget allocation letter from the University of Minnesota system. The deficit — which the University of Minnesota system refers to as a “structural imbalance” — was estimated at $4,174,167 going into fiscal year 2020, which runs through June 30.

https://www.duluthnewstribune.com/news/education/4681072-UMD-budget-shortfall-ticks-up-slightly