University of Missouri Braces for Possible Funding Cut

1 decade 2 years 8 months ago Wednesday, April 05 2006 Apr 5, 2006 Wednesday, April 05, 2006 1:06:41 PM CDT April 05, 2006 in News
System President Elson Floyd has asked the chancellors of the four campuses to draw up plans for cutting administrative costs by 10%. During a meeting in Kansas City yesterday, Floyd asked for preliminary reports on those efforts by April and a final report in June, just before the start of Missouri's next budget year. Lawmakers will start work on the new budget when they return to Jefferson City next month. The targeted reductions range from one million dollars for the Rolla campus to more than $6 million for the flagship campus in Columbia. Floyd also asked the University of Missouri Health Care System to look for greater operating "efficiencies."

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