Post by Logan on Jun 21, 2016 1:49:14 GMT -6
University of Missouri to cut jobs in system administration to cover funding shortfall
The University of Missouri Board of Curators approved a $2.9 billion budget Thursday for the coming fiscal year that includes cuts equal to 75 percent of funding shortfalls on the Columbia and St. Louis campuses and system administration.
The system administration, cut $3.8 million by lawmakers, will save $2 million by losing the equivalent of almost 20 full-time jobs and reducing other positions in grade, Vice President for Finance Brian Burnett told the board. Another $1 million will be cut from system expenses.
The system employs 370 people, Burnett said after his presentation to the board. Of the jobs being eliminated, he said three currently are occupied; he declined to name the positions because it would identify people to be laid off.
Other actions to save money include no raises and leaving other positions open, Burnett told the curators.
Read more: www.columbiatribune.com/news/education/turmoil_at_mu/university-of-missouri-to-cut-jobs-in-system-administration-to/article_f3b04ebb-6838-5d3a-bca3-4309bd59c185.html
The University of Missouri Board of Curators approved a $2.9 billion budget Thursday for the coming fiscal year that includes cuts equal to 75 percent of funding shortfalls on the Columbia and St. Louis campuses and system administration.
The system administration, cut $3.8 million by lawmakers, will save $2 million by losing the equivalent of almost 20 full-time jobs and reducing other positions in grade, Vice President for Finance Brian Burnett told the board. Another $1 million will be cut from system expenses.
The system employs 370 people, Burnett said after his presentation to the board. Of the jobs being eliminated, he said three currently are occupied; he declined to name the positions because it would identify people to be laid off.
Other actions to save money include no raises and leaving other positions open, Burnett told the curators.
Read more: www.columbiatribune.com/news/education/turmoil_at_mu/university-of-missouri-to-cut-jobs-in-system-administration-to/article_f3b04ebb-6838-5d3a-bca3-4309bd59c185.html