UConn Finance Chief Says School Will Cut $68 Million
STORRS, Conn. (AP) _ University of Connecticut officials say they must cut $68 million from its proposed budget, about $20 million more than the amount originally anticipated.
Richard Gray, UConn’s chief financial officer, told guests at a forum on the Storrs campus Thursday that they seeking more ways to reduce expenses without hurting class sizes and academic programs.
He said they will present a budget proposal to UConn’s Board of Trustees on Sept. 28.
The board delayed action in June on adopting a new $1 billion budget until the state’s budget problems were settled and UConn’s state allocation was determined.
The delay did not change plans for a 2.5 percent increase that started this month in UConn tuition, fees and lodging. It’s now about $21,486 yearly for Connecticut residents and $38,382 for out-of-state students.
(Copyright 2011 by The Associated Press. All Rights Reserved.)