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How this university plans to reduce its budget deficit by $110 million in one year

University Business

The University of Arizona has gone through the wringer in the months since discovering a $177 million budget deficit last November. By fiscal year 2025, UA leaders have mapped out how they plan to cut the shortfall by $110 million, reducing its current $166 million budget hole to $52 million. budget decrease, equating to about $10.4

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Cuts Shrink Arizona Budget Shortfall to $52 Million

Confessions of a Community College Dean

To combat severe budget issues, University of Arizona officials have unveiled a plan that will reduce a projected financial shortfall for the next fiscal year from $162 million to an estimated $52 million.

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Maryland Community Colleges Face $22M Budget Cut

Confessions of a Community College Dean

Maryland Community Colleges Face $22M Budget Cut jessica.blake@… Thu, 02/08/2024 - 03:00 AM Governor Wes Moore says his budget proposal is a response to declining enrollment and will “rein in” spending. Community college advocates say it will have wide-ranging negative consequences. Byline(s) Jessica Blake

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Arizona Budget Fight Heats Up

Confessions of a Community College Dean

Arizona Budget Fight Heats Up Josh Moody Mon, 02/26/2024 - 03:00 AM Criticism from the University of Arizona Faculty Senate has prompted one regent to take legal action against faculty as blame for the university’s financial crisis swirls. Byline(s) Josh Moody

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Maryland lawmakers work to finalize state budget - Leila Weah, WMDT

Ray Schroeder

The budget includes everything from education funding to environmental needs. Were in session for 90 days and that is our one constitutional requirements, to do that [budget] within the 90 days,” Senator Carozza said. “We I’m glad to see some of those community college cuts have been restored.”

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American University Board of Trustees announces reduced budget for fiscal year 2025 Budget reduced $34 million from previous year, following deficit - Penelope Jennings and Luna Jinks, the Eagle

Ray Schroeder

American University’s budget for fiscal year 2025 will total $860 million, compared to $894 million this year, Board of Trustees Chair Gina Adams announced in an email Thursday afternoon. This comes after the University announced a $33 million budget deficit due primarily to lower enrollment numbers in August 2023.

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The 2024 Federal Budget for Colleges, Researchers and Students

Confessions of a Community College Dean

The 2024 Federal Budget for Colleges, Researchers and Students Doug Lederman Mon, 03/25/2024 - 03:00 AM Most federal programs important to higher education will see little to no increase in support. Byline(s) Doug Lederman

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