After years of navigating a multi-million dollar budget deficit, driven recently by the COVID-19 pandemic, Keene State College expects to close that gap by the summer, President Melinda Treadwell said Thursday. In an interview with The Sentinel, Treadwell said the college ended the fiscal year this June with a deficit of about $11.5 million. The college initially projected ending the last academic year with a $14 million gap, but in the final few months, a reduction in spending and some job eliminations allowed the college to cut an additional roughly $3 million, Treadwell said.
