New UConn President Addresses Tight Budget
HARTFORD, Conn. (AP) _ The University of Connecticut’s new president says tight budget times ahead are being viewed as challenges, not crises.
Susan Herbst told UConn’s Board of Trustees in a letter this week that while spending is being trimmed and worthy projects delayed because of budget cuts, she believes UConn is still doing “relatively well” compared with similar institutions.
The board had planned to meet Thursday to set its new budget, which includes 2.5 percent tuition increases that were approved this spring. UConn also needs to close a $45 million budget gap to absorb a cut in state money and other expenses.
UConn officials decided Wednesday to delay Thursday’s budget workshop until later this summer, though, as lawmakers wait to learn whether unionized state employees approve cost-cutting concessions needed to balance the budget.
(Copyright 2011 by The Associated Press. All Rights Reserved.)