University of Missouri could lose $36M in enrollment decline

6 months 3 weeks 1 day ago May 12, 2016 May 12, 2016 Thursday, May 12 2016 Thursday, May 12, 2016 3:05:00 PM CDT in News
By: The Associated Press

COLUMBIA (AP) — Enrollment at the University of Missouri is expected to decline by 2,600 students in the fall, causing tuition revenue to drop by more than $36 million.

The projections would hurt an already poor budget situation and make it likely that the financial challenges would continue for several years as the smaller class makes its way to graduation.

Vice Chancellor of Finance Rhonda Gibler said campus departments have been told to plan for 5 percent cuts to general fund budgets for the fiscal year beginning July 1 as well as 2 percent cuts ordered for fiscal years 2018 and 2019.

The tuition revenue decline is now estimated to be $36.3 million, up from an earlier projection of about $20 million. The total budget shortfall is more than $46 million.

More News

Grid
List
COLUMBIA - The Women's Symphony League kicked off the annual Holiday Home Tour, which is its biggest fundraiser of the... More >>
1 hour ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 4:12:00 AM CST in News
JEFFERSON CITY- The Jefferson City Fire Department responded to reports of smoke coming from a building in the 200 block... More >>
1 hour ago December 03, 2016 Dec 3, 2016 Saturday, December 03 2016 Saturday, December 03, 2016 3:57:00 AM CST in Top Stories
COLUMBIA - Following the election of Donald Trump, some students gathered for what they called a "positivity event". KOMU sent... More >>
10 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 7:05:00 PM CST in News
JEFFERSON CITY (AP) — Missouri lawmakers are proposing bills that would make attacking a law enforcement officer a hate crime.... More >>
12 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 4:51:13 PM CST in News
JEFFERSON CITY (AP) — Lawmakers are proposing bills that would make Missouri a right-to-work state. The Springfield News-Leader... More >>
12 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 4:46:41 PM CST in News
KANSAS CITY (AP) — A former Kansas City, Missouri, man has been sentenced to 15 years in prison for his... More >>
13 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 4:23:47 PM CST in News
JEFFERSON CITY - Gov. Nixon and his wife Georganne kicked off the holiday season in the state's capital with Friday's... More >>
13 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 3:36:00 PM CST in News
POPLAR BLUFF (AP) — A Missouri man who spent eight years behind bars for murder has been acquitted in a... More >>
14 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 3:26:56 PM CST in News
KANSAS CITY (AP) — Authorities said fireworks that were mistaken for gunshots led to a standoff near Rockhurst University. ... More >>
14 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 3:09:14 PM CST in News
ST. LOUIS (AP) — The former general manager of a suburban St. Louis car dealership is accused of defrauding the... More >>
14 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 3:05:38 PM CST in News
KANSAS CITY (AP) — The incoming president of the University of Missouri System and officials attending a welcoming ceremony in... More >>
14 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 3:00:15 PM CST in News
COLUMBIA - A $2,000 donation will help protect South Callaway residents from potentially deadly house fires. Safeco Insurance's Protecting... More >>
14 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 2:52:00 PM CST in News
JEFFERSON CITY - A Fulton woman has pleaded guilty to money-laundering related to distributing synthetic cannabinoids, or K2, at businesses... More >>
14 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 2:45:00 PM CST in News
COLUMBIA – The Columbia Housing Authority announced today the plan to renovate 90 units in the coming years. The... More >>
15 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 2:15:00 PM CST in News
KANSAS CITY (AP) — Authorities said a Kansas City man who stole a firearm from a homicide victim has been... More >>
15 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 2:01:43 PM CST in News
PARKVILLE (AP) - A campaign is underway to restore holiday decorations that were removed from trees along a suburban Kansas... More >>
15 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 1:56:25 PM CST in News
KANSAS CITY (AP) — A suburban St. Louis school system has shed an unaccredited label that had forced it to... More >>
15 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 1:49:07 PM CST in News
JEFFERSON CITY - On Friday, police identified one of the suspects in the October 31 homicide on Michigan Street. ... More >>
17 hours ago December 02, 2016 Dec 2, 2016 Friday, December 02 2016 Friday, December 02, 2016 11:45:00 AM CST in News
Columbia, MO
Broken Clouds 31°
6am 31°
7am 31°
8am 32°
9am 36°