Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

ASU Slashes Budget By $1.4 Million. (NE Journal).


Arkansas State University Arkansas State University, at Jonesboro; coeducational; chartered 1909; named State Agricultural and Mechanical College, 1925–33. In 1933 the school became Arkansas State College, and in 1967 it achieved university status and adopted its present name.  at Jonesboro Jonesboro, city (1990 pop. 46,535), a seat of Craighead co., NE Ark., on Crowley's Ridge; founded 1859, inc. 1883. The city services a rich agricultural area with many processing plants.  will have to cut $1.4 million this year to meet the state's budget cuts.

The university has told its department heads that they need to cut 2.13 percent from the school's $90 million budget this year, said Jennus Burton, vice president of finance and administration.

Burton said no classes will be cut or layoffs made, but the university will wait as long as possible before filling vacancies created when staff members leave.

Travel and training budgets and one-time capital purchases also are targeted for cuts, Burton said.

"It will hurt the campus," Burton said. "There's no way that you can take that amount of a budget cut and continue doing the things that you've done in the past."

A tuition For tuition fees in the United Kingdom, see .

Tuition means instruction, teaching or a fee charged for educational instruction especially at a formal institution of learning or by a private tutor usually in the form of one-to-one tuition.
 increase to offset the losses is not an option, he said.

"We're not going to off-load See offload.  the state's budget cuts on the backs of our students," he said.

The department heads will submit their permanent budget cuts for next year in January or February.

Burton said it will take four to six years for the university to recover from the cuts, he said.

"That's about as long as it takes for your regular state base to grow back," he said.

The cuts didn't come as a surprise to the university. In October, the Arkansas Arkansas, river, United States
Arkansas (ärkăn`zəs, är`kənsô'), river, c.1,450 mi (2,330 km) long, rising in the Rocky Mts., central Colo.
 Department of Finance and Administration and the state Department of Higher Education higher education

Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art.
 warned the school that up to $1.2 million might not be available because the state was $22.4 million below its revenue collection projection for September.
COPYRIGHT 2001 Journal Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Arkansas State University
Comment:ASU Slashes Budget By $1.4 Million. (NE Journal).(Arkansas State University)
Author:Friedman, Mark
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1U7AR
Date:Dec 17, 2001
Words:260
Previous Article:CWL Not Worried About $3M Drop in Earnings. (NE Journal).
Next Article:B2B Startup Launched to Boost Trade With Africa.
Topics:



Related Articles
State higher education experiences building boom.
ASU Gets Funds for Delta Economic Development Center.
MOVERS & SHAKERS.
Universities Offer Benefits to Two-Year Colleges.
Financial Benefit Not Direct for Colleges Joining University.
ASU proposes to raise tuition by 6.9 percent. (NE Journal).
ASU loses $400,000 in 2nd round of budget cuts. (NE Journal).
ASU raises tuition by 5 percent. (NW Journal).
Arkansas State cuts 35 positions.
ASU to shut pharmacy's doors.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles