MU to cut 400 positions amid budget woes

1 year 2 months 4 days ago Tuesday, May 16 2017 May 16, 2017 Tuesday, May 16, 2017 11:33:00 AM CDT May 16, 2017 in News
By: Max Cotton, KOMU 8 Reporter and The Associated Press
loading

COLUMBIA (AP) — The University of Missouri expects to cut more than 400 jobs following another year of enrollment drops and a decrease in state funding.

Interim Chancellor Garnett Stokes addressed the cuts with university faculty, students and staff at forums on Monday and Tuesday. Stokes said at least half of the positions being cut are currently vacant.

MU spokesman Christian Basi said the majority of the remaining positions will be eliminated through retirements and non-renewed contracts.

Basi also said that there will also be nearly 80 to 100 layoffs. The final number will be available in June.

"I think, pretty much, everyone at the university probably knows somebody, themselves or others, that are going to be impacted by this, by this situation," MU College of Veterinary Medicine Associate Professor Tim Evans said. 

MU announced last week that roughly $55 million of funding is expected to be slashed from the 2018 fiscal budget. The 12 percent cut is going to affect all schools, colleges and divisions in the university.

"What we have to do is think about a different revenue model for the institution," Stokes said.

MU will increase tuition 2.1 percent for fiscal year 2018, the maximum allowed under state law.

"One does not cut one's way to prosperity," Stokes said.

She also said MU needs to rethink its financial aid models to help the students who need it most.

The cuts come after MU announced an anticipated 7.4 percent drop in enrollment and received around 400 fewer graduate school applications this year.

The Missouri General Assembly voted to cut UM System funding 6.5 percent.

Evans said professors are going to need to look for more research-based grants to help make up some of the difference in funding.

The final budget details will be released on June 2.

 

 

 

More News

Grid
List
LAKE OF THE OZARKS - 64 years later, a different lake and nearly triple the death toll, the duck boat... More >>
13 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 9:12:00 PM CDT July 20, 2018 in News
(CNN) -- Russian intelligence operatives attempted to hack into the online accounts of staffers on three congressional campaigns in the... More >>
14 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 8:46:27 PM CDT July 20, 2018 in News
CHARLOTTE, N.C. (AP) — As Charlotte, North Carolina, celebrates being chosen Friday to host the 2020 Republican National Convention, an... More >>
14 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 8:05:32 PM CDT July 20, 2018 in News
(CNN) -- A cardiologist who treated former President George H.W. Bush was killed Friday morning in a bicycle-to-bicycle drive-by shooting... More >>
15 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 7:34:02 PM CDT July 20, 2018 in News
COLUMBIA - The Columbia Police Department will move into a new neighborhood over the next few weeks. In July,... More >>
16 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 6:41:00 PM CDT July 20, 2018 in News
CALLAWAY COUNTY - A Steedman man was sentenced to 12 years in prison after pleading guilty to charges of domestic... More >>
17 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 5:22:00 PM CDT July 20, 2018 in News
ST. JOSEPH (AP) — A Missouri man has pleaded guilty in the fatal beating of his 77-year-old grandmother while he... More >>
18 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 3:59:00 PM CDT July 20, 2018 in News
(CNN) -- The FBI is in possession of a recording between President Donald Trump and his former personal attorney Michael... More >>
19 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 3:38:16 PM CDT July 20, 2018 in Continuous News
JEFFERSON CITY – House Minority Leader Gail McCann Beatty will resign from the Missouri House of Representatives effective Sunday in... More >>
21 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 12:57:00 PM CDT July 20, 2018 in Top Stories
COLE COUNTY — The Cole County Sheriff’s Department responded to possible weapons violation on Thursday night. When the officers... More >>
23 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 11:47:00 AM CDT July 20, 2018 in Top Stories
(AP) - President Donald Trump has indicated that he's willing to hit every product imported from China with tariffs and... More >>
1 day ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 8:52:00 AM CDT July 20, 2018 in News
BRANSON - Missouri Attorney General Josh Hawley will meet with investigators Saturday at Table Rock Lake to receive a briefing... More >>
1 day ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 7:23:00 AM CDT July 20, 2018 in News
BRANSON (AP) — About 300 people gathered in a parking lot outside a tourism business to remember the 17 people... More >>
1 day ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 7:16:00 AM CDT July 20, 2018 in News
BRANSON - The recent boat incident that killed 11 and injured seven in Branson isn't the first time Ride the... More >>
1 day ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 2:06:00 AM CDT July 20, 2018 in News
COLUMBIA - Thursday evening around 9:00 pm, two cars collided head-on at the intersection of Worley St. and W. Boulevard.... More >>
1 day ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 11:14:00 PM CDT July 19, 2018 in News
KANSAS CITY (AP) — A southern Missouri sheriff and a subordinate with whom he was having a romantic relationship have... More >>
1 day ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 10:46:00 PM CDT July 19, 2018 in News
COLUMBIA - The City of Columbia confirmed Friday the household hazardous waste collection is cancelled. The waste collection was... More >>
1 day ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 10:16:00 PM CDT July 19, 2018 in News
(CNN) -- More illnesses have been reported across the United States in two separate cyclospora outbreaks, federal health officials said... More >>
1 day ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 9:31:35 PM CDT July 19, 2018 in News
Columbia, MO
Broken Clouds 79°
11am 81°
12pm 84°
1pm 86°
2pm 87°