A tuition freeze coupled with a 5 percent cut -- That's the deal that's been hammered out between Governor Jay Nixon and 4-year public colleges and universities in Missouri.WATCH THE KY3 NEWS @ 10 REPORT HERE
A tuition freeze coupled with a 5 percent cut -- That's the deal that's been hammered out between Governor Jay Nixon and 4-year public colleges and universities in Missouri."A Bottom Line We Can't Ignore"
Missouri State University President Michael Nietzel is asking faculty and staff to consider early retirements and voluntary furloughs in anticipation of a $5.5 million dollar budget cut next year.
Nietzel held a townhall meeting on campus Wednesday to discuss cost-cutting measures with employees and students. With federal stimulus dollars running out and state general revenue on a double-digit decline, Nietzel said the university must prepare for "a bottom line we can't ignore."
*WATCH HIS DESCRIPTION OF THE BLEAK BUDGET PICTURE ABOVE*
Nietzel said he'd like to have some decisions made by January. Nietzel said cutting $5.5 million dollars now is necessary to head off steeper cuts in 2012.
WATCH THE KY3 NEWS @ 10 REPORT HERE
Gov. Jay Nixon and Brig. Gen. Stephen Danner will visit Missouri National Guard soldiers at Camp Clark Tuesday as they prepare to deploy to Afghanistan.
Sen. Kit Bond announced that he's secured $38 million dollars in transportation and economic development projects in two spending bills cleared by the Senate Appropriations Committee Thursday.The Senate must now reconcile the bills with the versions passed by the House of Representatives before the President signs them into law.
A move to allow concealed weapons on college campuses is dividing administrators and their students.
Governor Jay Nixon will hold a 2:30 p.m. news conference at Missouri State University to offer more details about his higher education funding agreement.
He's also expected to detail a second component of the agreement, focusing on "job training and workforce development."
The news conference is slated to be held at Plaster Student Union.
ALSO: NIXON'S 2nd WEEK GRADE
DEVELOPING . . .
Governor Jay Nixon's higher education funding deal to keep funding flat raises new questions about the size of Missouri's budget deficit and what could be on the chopping block.
Missouri State University President Michael Nietzel will address the media Thursday afternoon to discuss the school's "statement of impact" should appropriations be reduced by 15, 20 or 25 percent."Budget cuts of any of these magnitudes would cause substantial pain and losses beyond the university . . . the economic adversity would spread in a number of negative directions," writes Nietzel.
The availability is scheduled from 3:30-4 p.m. in Carrington Hall.
Thursday is the deadline set by Missouri's Department of Higher Education for colleges and universities across the state to submit their "impact statements" if funding is cut 15%, 20% or 25%.
MSU GETS READY FOR THE AXNietzel says he has had no conversations yet with Gov.-elect Jay Nixon about what to expect in the state budget, which is expected to be presented in late January.