Further areas for budget cuts at MU and the main UM System office will be announced during a Friday morning curators meeting, President Mun Choi wrote in a Tuesday email.
The potential cuts have been identified as part of a joint effort between auditing firm PricewaterhouseCoopers and UM System officials that started over the summer.
The review was intended to find “cost savings or risk mitigation through the evaluation of the people, processes, and technology that comprise administrative functions,” according to the request for proposals made in June that led to hiring PWC.
Since March, when Choi took over as system president, at least $60 million has been cut from the overall MU budget and hundreds of positions have been eliminated. These cuts have the dual motives of addressing a budget deficit caused by decreased enrollment and state funding, as well as freeing up funds to invest into potential revenue-generating programs at the four system campuses.
In the Tuesday email to the campus community, Choi wrote that the presentation will be live streamed through a link at the top of the UM System web page during the event, and the UM System encouraged any relevant feedback.
“As a University community, we must work together to implement bold strategies to become a more sustainable institution,” Choi wrote.
During a curators meeting Thursday and Friday at the University of Missouri-St. Louis, the board will also review an annual economic development report, engagement with the intercampus faculty council, several new degree programs across the four campuses, an auditors report and other topics.
A full story will be available at that time.