$12M shortfall ahead, UALR's chancellor says; enrollment plunge forcing hard choices at city campus
University of Arkansas at Little Rock leaders are bracing for a $12 million shortfall for the 2019-2020 fiscal year, Chancellor Andrew Rogerson told faculty and staff members Monday.
Rogerson plans to submit a budget next week to the University of Arkansas board of trustees that would include $6 million of cuts to expected expenses and leave a nearly $6 million deficit.
The cuts are meant to preserve educational offerings and circumvent reducing existing faculty and staff, Rogerson told a room of hundreds of faculty and staff members Monday afternoon. Some remain skeptical that the cuts won't affect educational offerings because they could include the freezing of vacant faculty positions.
The shortfall is larger than last year's $9 million shortfall, but the suggested cut is smaller.
Read more: https://www.arkansasonline.com/news/2019/apr/23/12m-shortfall-ahead-ualr-s-chancellor-s/?news
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