Thursday, December 3, 2020

New Mexico State University delivers update on budgeting and potential employee cuts - Miranda Cyr, Las Cruces Sun-News

 The university confirmed that the Las Cruces campus will be anticipating, in total, an eight percent budget cut, equaling about $14.2 million. In the presentation from the Budget Coordinating Team, the university has already made $2.5 million in permanent central cuts that are made up of investments and transfers. The team will work to make further reductions in this area. This $2.5 is not counted in the total anticipated budget reduction. Floros said that the school will be preparing for two years of budget cuts, expecting the economic strain that the COVID-19 pandemic has caused to continue for the next two years.

https://www.lcsun-news.com/story/news/education/2020/11/19/nmsu-town-hall-update-budget-potential-staff-faculty-cuts/3768082001/