Friday, September 30, 2022

Connecticut state universities prepare for potential budget cuts - Jeniece Roman, WSHU

The Connecticut State Colleges and University System expect a shortfall of $220 million dollars over the next two years. The finance and infrastructure committee discussed possible budget cuts at a meeting earlier this week. The deficit — in part — is due to a drop in enrollment and from students who decide to live off campus. Chief Financial Officer Ben Barnes told the committee the funding gap was caused by the discontinuation of millions in federal COVID relief funds, along with raises for state employees. Barnes said 60% of the deficit was at universities and 40% was at community colleges.