- Michael Reid, vice president for administration and finance at the University of Montana, said that the school is expecting to see costs increase by $16 million next year, the Billings Gazette reports.
- The school saw enrollment fall by 700 students last year amid lower graduate numbers in-state and problem with bad publicity due to scandals.
- Solutions are being sought through potential budget cuts, retirements and other personnel cutbacks.
From the article:
"... 'We’re projecting about a $16 million increase in costs next year over this year,' said Michael Reid, vice president for administration and finance. 'We’re not going to have less money next year than this year. It’s based on increased operating costs.' ..."