U of A Orders Budget Cuts Due to Shortfall - KAIT Jonesboro, AR - Region 8 News, weather, sports

Little Rock, AR

U of A Orders Budget Cuts Due to Shortfall

OCTOBER 3, 2006 - Posted at 11:10 p.m. CDT

 

LITTLE ROCK, AR - The University of Arkansas is ordering departments to trim their budgets by a little more than one percent to cover a budget shortfall.

School officials say the university is $2.5 million short in its $210 million budget.

Each department has to cut 1.14 percent in spending.

The school based its annual budget based on an expected increase in student enrollment and a corresponding increase in tuition revenue.  Provost Bob Smith says enrollment increased, but not as much as forecast.

Officials say a reserve fund was tapped to cover part of the shortfall and that spared departments from a bigger cut.

(Copyright 2006 by The Associated Press.  All Rights Reserved.)

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • ASP Foundation fundraising for new driving track

    ASP Foundation fundraising for new driving track

    Thursday, August 17 2017 11:23 AM EDT2017-08-17 15:23:08 GMT
    Thursday, August 17 2017 1:02 PM EDT2017-08-17 17:02:03 GMT
    (Source: KAIT)(Source: KAIT)

    First National Bank hosted the first Arkansas State Police Foundation Golf Tournament.

    First National Bank hosted the first Arkansas State Police Foundation Golf Tournament.

  • Men need to be screened for prostate cancer

    Men need to be screened for prostate cancer

    Thursday, August 17 2017 11:21 AM EDT2017-08-17 15:21:49 GMT
    Thursday, August 17 2017 12:48 PM EDT2017-08-17 16:48:05 GMT
    (Source: KSWO)(Source: KSWO)

    Prostate cancer is commonly found among men and the American Cancer Society wants to encourage men to get yearly screenings.

    Prostate cancer is commonly found among men and the American Cancer Society wants to encourage men to get yearly screenings.

  • State board turns down agriculture school request, supporter says

    State board turns down agriculture school request, supporter says

    Thursday, August 10 2017 4:14 PM EDT2017-08-10 20:14:09 GMT
    Thursday, August 17 2017 6:39 AM EDT2017-08-17 10:39:07 GMT
    (Source: KAIT)(Source: KAIT)

    A plan to open an agricultural charter school in Weiner was denied Wednesday, a supporter of the project said. 

    A plan to open an agricultural charter school in Weiner was denied Wednesday, a supporter of the project said. 

Powered by Frankly