MU Chancellor Announces Budget Cuts

3 years 4 months 2 weeks ago Thursday, July 03 2014 Jul 3, 2014 Thursday, July 03, 2014 3:19:00 PM CDT July 03, 2014 in News
By: John Guminski, KOMU 8 Reporter
loading

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
ST. LOUIS (AP) — Two students who studied at Washington University in St. Louis have been selected as Rhodes scholars.... More >>
1 hour ago Sunday, November 19 2017 Nov 19, 2017 Sunday, November 19, 2017 5:21:34 PM CST November 19, 2017 in News
COLUMBIA - A 29-year-old man was in serious condition Sunday afternoon at University Hospital following a shooting Sunday morning. Columbia... More >>
2 hours ago Sunday, November 19 2017 Nov 19, 2017 Sunday, November 19, 2017 4:12:00 PM CST November 19, 2017 in News
NIXA (AP) — A city in southwest Missouri has opened the largest solar farm in the state. The Springfield... More >>
5 hours ago Sunday, November 19 2017 Nov 19, 2017 Sunday, November 19, 2017 12:34:00 PM CST November 19, 2017 in News
NASHVILLE, Tenn. (AP) — Drew Lock threw three touchdown passes and Missouri won its fifth straight game to become bowl... More >>
11 hours ago Sunday, November 19 2017 Nov 19, 2017 Sunday, November 19, 2017 7:07:00 AM CST November 19, 2017 in News
COLUMBIA - A suspect struck a victim, and suspects fired multiple rounds, brandished at least one firearm and took property... More >>
18 hours ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 11:45:00 PM CST November 18, 2017 in News
COLUMBIA – While in Chad, Haby Naya learned how to braid hair by doing her friend’s, sister’s and even her... More >>
19 hours ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 11:25:00 PM CST November 18, 2017 in News
COLUMBIA - If experience is important for success in sports, basketball players worldwide have much to learn from the Granny... More >>
19 hours ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 10:53:00 PM CST November 18, 2017 in News
ST. LOUIS (AP) — The nonprofit group behind the long-delayed streetcar set to operate in St. Louis' Loop area and... More >>
21 hours ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 8:41:00 PM CST November 18, 2017 in News
BOONE COUNTY - A 19-year-old college freshman was driving home for Thanksgiving break Saturday when a tire on his car... More >>
23 hours ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 7:15:00 PM CST November 18, 2017 in News
COLUMBIA - Dozens of people came out Saturday for the eighth annual Fall Into Art show at Parkade Plaza. ... More >>
1 day ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 5:19:00 PM CST November 18, 2017 in News
HARRISBURG - A warm bed, a hot meal, and hugs from a loving family member are common enough memories for... More >>
1 day ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 3:00:00 PM CST November 18, 2017 in News
CAMDEN COUNTY - Two Osage Beach residents were pronounced dead early Saturday morning following a single-car crash late Friday night.... More >>
1 day ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 2:54:00 PM CST November 18, 2017 in News
JEFFERSON CITY - A Macon man and two others were hospitalized Saturday morning in one of two crashes that occurred... More >>
1 day ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 2:24:00 PM CST November 18, 2017 in News
COLUMBIA – New blood pressure guidelines mean nearly half of adults in the U.S. that did not have high blood... More >>
1 day ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 2:12:00 PM CST November 18, 2017 in News
ST. LOUIS (AP) — Officials are testing for asbestos among the debris left from a massive St. Louis warehouse fire.... More >>
1 day ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 1:17:00 PM CST November 18, 2017 in News
ST. LOUIS (AP) — A Missouri prosecutor will not file criminal charges against a Southwest Airlines pilot arrested after Transportation... More >>
1 day ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 1:07:54 PM CST November 18, 2017 in News
ST. LOUIS (AP) — A St. Louis man is facing charges for allegedly shooting a mechanic in a dispute over... More >>
1 day ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 12:59:00 PM CST November 18, 2017 in News
KANSAS CITY, Mo. (AP) — The Christmas holiday begins this weekend at Union Station in Kansas City. The station... More >>
1 day ago Saturday, November 18 2017 Nov 18, 2017 Saturday, November 18, 2017 12:55:00 PM CST November 18, 2017 in News
Columbia, MO
Broken Clouds 38°
7pm 39°
8pm 37°
9pm 37°
10pm 37°

Select a station to view its upcoming schedule:

Coming Up Next

6:00p
Football Night in America
7:20p
Sunday Night Football
10:30p
KOMU 8 News @ 10
6:00p
Saving Hope
7:00p
The Face of an Angel
9:00p
KOMU 8 News @ Nine on The CW

Tonight's Schedule

6:00p
Football Night in America
7:20p
Sunday Night Football
7:00p
The Face of an Angel
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Family Guy