UM Budget Shortfall Projected at $16M

By Beacon Staff

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.

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