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Saturday, December 06, 2014

Maryland Universities Implement Spending Freezes

The schools with freezes in place include Salisbury University, Towson University, the University of Baltimore and the University of Maryland.
BALTIMORE —Spending freezes are now in place at the majority of Maryland's public universities as they prepare for a projected $900 million state budget shortfall over two years.

The state's Department of Budget and Management has already advised agencies to slow their spending, and that includes colleges and universities, where officials said they see the handwriting on the wall.

More than half a dozen universities in the state confirmed Thursday that they have implemented various spending restrictions, including hiring freezes, salary freezes, travel restrictions and delays of equipment purchases and facility renewal projects.

The freezes come after the University System of Maryland discussed with each of its 12 institutions tightening their belts to prepare for a nearly $300 million state budget deficit for the current fiscal year and another projected $600 million in fiscal 2016, The Daily Record reported.
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2 comments:

Anonymous said...

And they should! For years WorWic didn't even have a campus and students got the best education of any community college. All the fancy crap isn't needed to learn. All it does is coddle and spoil students and set them up for unrealistic expectations.

Anonymous said...

how about salary cuts - GASP? the top 10 educrats in WorCo BoE are pulling in $1.2M/year