MU Chancellor Announces Budget Cuts

2 years 5 months 1 week ago July 03, 2014 Jul 3, 2014 Thursday, July 03 2014 Thursday, July 03, 2014 3:19:00 PM CDT in News
By: John Guminski, KOMU 8 Reporter
Embed Code Copied

COLUMBIA - MU Chancellor R. Bowen Loftin announced Thursday the University of Missouri will need to reallocate more than $3.8 million to cover losses in state funding.

Loftin said in a statement that each department on Mizzou's campus is being asked to reallocate a certain amount of its budget based on its current balances and the amount of general revenue it receives, as well as any auxiliary enterprise funding.

Loftin said auxiliary departments such as Athletics and Residential Life will also participate in the budget reallocation, even though they receive no state funding. 

The breakdown is as follows:

Schools and Colleges Allocated Withholdings ($)
 Arts & Sciences  189,717
 Ag. Food & Nat Resources  227,054
 Business  63,039
 Education  101,396
 Engineering  58,743
 Human Environmental Sciences  50,432
 Health Professions  21,144
 Journalism  29,392
 Law   43,064
 Medicine  324,707
 Nursing  58,949
 Public Affairs  7,431
 Veterinary Medicine  125,032


Other Divisions Allocated Withholdings ($)
Alumni & Advancement 34,310
Intercollegiate Athletics 40,997
Vice Chancellor Finance 31,178
Vice Chancellor Operation 222,517
Vice Chancellor Health Sciences 283,799
Chancellor 239,356
Extension 205,892
Graduate School 34,770
Information & Access Tech Services 71,619
Provost 289,917
Office of Research 176,318
Student Affairs 936,050
University Affairs 10,406

MU spokesperson Christian Basi said the money will be taken from various funds, but it is up to each department as to exactly how to reach the requested number. 

"It's up to each division head to determine where that money will come from, presumably, some money might be coming from savings and we might see delays in implementing programs or activities that were slated for this coming year, but those decisions will be made by each division head, " said Basi.  

Basi said the money must be back into the central budget office by next Friday.

 

More News

Grid
List
KANSAS CITY, Mo. (AP) — A woman assaulted as a girl during a 1982 attack that killed her mother wants... More >>
55 minutes ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 12:28:38 PM CST in News
ST. LOUIS (AP) — A jury has convicted a man of shooting two police officers during a 2015 protest in... More >>
1 hour ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 12:22:20 PM CST in News
SEDALIA - The Sedalia Police Department said Friday it is looking for two suspects following a shooting and armed robbery.... More >>
1 hour ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 11:31:00 AM CST in News
FULTON - A Tebbetts man has been charged with several felonies following his arrest Wednesday night. Callaway County deputies... More >>
4 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 8:42:00 AM CST in News
ST. LOUIS (AP) — St. Louis police are investigating after two people in a car were shot while the vehicle... More >>
5 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 7:50:20 AM CST in News
ST. LOUIS (AP) — A St. Louis teenager is facing charges in the shooting death of a cab driver. ... More >>
5 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 7:47:18 AM CST in News
MARSHFIELD (AP) — A man has pleaded guilty to a deadly hit-and-run crash outside a southwest Missouri bar. ... More >>
5 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 7:34:13 AM CST in News
KANSAS CITY (AP) — Police are investigating the discovery of two men found dead in a Kansas City home as... More >>
6 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 6:41:47 AM CST in News
COLUMBIA – Starting Friday, Dec. 9, the redistricting committee for Columbia Public Schools elementary and secondary education can hold additional... More >>
9 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 3:43:00 AM CST in News
JEFFERSON CITY - A bill pre-filed on December 1 would limit the time the Missouri government can use automatic license... More >>
10 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 3:11:00 AM CST in News
MOBERLY - A Moberly Police Officer attempted to stop a vehicle near Logan Street and Morley Street after learning it... More >>
17 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 8:22:00 PM CST in News
COLUMBIA - The Columbia Fire Department responded to a person on fire at 3201 Creasy Springs Road, Bear Creek Trail... More >>
17 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 7:40:00 PM CST in News
COLUMBIA – The Planning and Zoning Commission approved a new subdivision on Ridgemont Drive and a road extension on Ridgefield... More >>
17 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 7:37:00 PM CST in News
COLUMBIA - Local groups decorated duffel bags and filled them with presents to donate to children with chronic illnesses this... More >>
17 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 7:27:00 PM CST in News
COLUMBIA - With temperatures falling into single digits, winter weather has arrived in Columbia. But not everybody has a place... More >>
18 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 6:49:00 PM CST in News
COLUMBIA – Drivers should think about checking their headlights because the Insurance Institute for Highway Safety (IIHS) announced headlights were... More >>
18 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 6:46:00 PM CST in News
JEFFERSON CITY (AP) — Missouri's Republican Gov.-elect Eric Greitens spent more on his campaign than what's been spent total on... More >>
19 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 6:06:55 PM CST in News
ST. LOUIS (AP) — Two men have pleaded guilty to the $2 million robbery of an armored car, an inside... More >>
20 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 5:17:47 PM CST in News
Columbia, MO
Broken Clouds 27°
2pm 29°
3pm 29°
4pm 29°
5pm 27°

Select a station to view its upcoming schedule:

Coming Up Next

1:00p
Days of Our Lives
2:00p
The Dr. Oz Show
3:00p
Dr. Phil
1:00p
Maury
2:00p
Judge Alex
2:30p
Judge Alex

Tonight's Schedule

7:00p
Caught on Camera with Nick Cannon
8:00p
Dateline NBC
7:00p
The Vampire Diaries
8:00p
Crazy Ex-Girlfriend
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld