Tuesday, April 16, 2013
Options to cover $16M UM budget gap could include personnel cuts - the Missoulan
Projecting an estimated budget gap of $16 million next academic year, the University of Montana is looking to trim costs, a discussion that could include cutting personnel. The state’s largest university saw enrollment dip last fall by roughly 700 students, a number that school officials have blamed on poor publicity surrounding recent scandals and fewer high school graduates. While administrators already have made a litany of one-time cuts this academic year to cover the gap, deeper adjustments may be carried into next year. “We’re projecting about a $16 million increase in costs next year over this year,” said Michael Reid, vice president for administration and finance.
http://missoulian.com/news/local/options-to-cover-m-um-budget-gap-could-include-personnel/article_fbf9cb1a-9c08-11e2-92ef-001a4bcf887a.html