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Thu July 3, 2014
All parts of MU will shoulder a sliver of $3.8 million state withholding
The University of Missouri is making cuts across the board to make up for money it expected it to receive from the state government, but will not. In an email to university staff Thursday, Chancellor R. Bowen Loftin said MU must make up for an additional $3.8 million that is not coming to the University due to Governor Jay Nixon's recent general revenue withholdings.
Loftin is asking all divisions of the University to send the central budget office back their fair share of the $3.8 million, based on how much general revenue they received, and their current balances. It'll be up to division heads to make the cuts. Auxillary departments, including the athletic department and residential life, which don't receive general revenue funds, will also contribute.
Dr. Jim Spain, the Vice Provost for Undergraduate Studies, says many of the divisions should be able to comfortably contribute with money from their reserves.
"It allows us to minimize the impact on day-to-day functions, but certainly impacts our flexibility in responding to unique needs or situations that might arise in the, in the months ahead," Spain said.
MU Spokesperson Christian Basi says the situation will not affect student tuition rates.
Basi provided this breakdown of how much of the $3.8 million each division is being asked to shoulder:
Schools and Colleges:
Arts & Science: 189,717
Ag, Food & Nat Resources: 227,054
Human Environmental Sciences: 50,432
Health Professions: 21,144
Public Affairs: 7,431
Veterinary Medicine: 125,032
Alumni & Advancement: 34,310
Intercollegiate Athletics: 40,997
Vice Chancellor Finance: 31,178
Vice Chancellor Operation: 222,517
Vice Chancellor-Health Sciences: 283,799
Graduate School: 34,770
Information & Access Tech Services: 71,619
Office of Research: 176,318
Student Affairs: 936,050
University Affairs: 10,406
*Includes Provost office, Econ Development, Enrollment Management, VP undergrad studies, International Programs, and Library
** Include Chancellor's office as well as the allocation of the withhold associated with the scholarship budget