The University of Missouri Press will close. That’s according to a press release issued today by the University of Missouri system. The UM system provides the University of Missouri Press with a $400,000 yearly subsidy, and according to the press release, the Press has been unable to operate without a deficit in recent years.
UM System President Tim Wolfe says other position eliminations and program reductions will also be necessary, following flat funding from the Missouri General Assembly.
Senior Associate Vice President for Academic Affairs Steve Graham says changes across the four campuses will start in July.
“The other things will be based a lot on what the chancellors of the respective campuses decide and when they want to make those final decisions and roll those things out,” Graham said.
Graham says the chancellors will have a lot of the responsibility for their campus but will communicate with President Wolfe about their plans. He says he will have a much better idea of what will be cut after a general officers retreat in June. There is no timeline set, but plans will begin July 1, 2012.
The UM System says the 10 employees of the University of Missouri Press have been notified of the situation.