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  Comments (1) Total Thursday Apr. 17, 2014
 
UM Budget Shortfall Projected at $16M
A lot depends on fall enrollment numbers
MISSOULA – The University of Montana is looking at cutting costs and possibly personnel to make up a projected budget gap of $16 million the next academic year.

Enrollment dipped by about 700 students last year. School officials blame the drop on fewer high-school graduates and the publicity surrounding investigations into the campus and city's response to sexual assaults.

Administrators are considering options that include cuts between 2 percent and 8 percent through retirement and attrition.

Vice president for administration and finance Michael Reid says besides cutting expenses, the university may look at ways to generate new revenue.

The Missoulian reports a lot depends on fall enrollment numbers, which won't be known until mid-summer.

Reid says early indicators for enrollment are positive, which may help reduce the projected shortfall.
 
On 04-03-13, hotfishmt commented....
16 Million behind…with only 700 less students?  Some math is wrong here….the numbers don’t match the shortfall for sure. Maybe UM needs to look at the BIG COLLEGE….wages & bene’s offered employees. U of M is not a college like some in other states with enrollment…
 
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