College to take $125K budget cut - JACK GUERINO, Online Beacon

MCLA will take a $125,000 cut from its operating budget during the present fiscal year, due to state spending cuts. According to Jim Stakenas, vice president of administration and finance, the college will remain largely unaffected. “We have a very good budget process,” Stakenas said. “We are particularly cognoscente about what we need on the academic side because we are all about academics, and having a very thoughtful budget process allows us a little breathing room when something like this happens.” Massachusetts will cut spending, as well as pull money from reserves, in order to close $540 million gap in the budget. These cuts, known as the 9C State Budget Cut, will include a 1 percent reduction in many state and public institutions. Stakenas said that because of great attention to spending, the school will only see minimal changes. http://www.theonlinebeacon.com/2013/03/27/college-to-take-125k-budget-cut/