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UM will cut $1.8 million from budget to pay for new initiatives, many in enrollment

The University of Montana will cut at least $1.8 million from its 2017 general fund in order to pay for new initiatives, especially ones related to enrollment and recruitment, a UM official confirmed Thursday.

But UM’s revenue projections are on track for its roughly $149 million general fund budget, said UM vice president of finance Mike Reid.

"Everything is lining up, and we’re looking solid," Reid said of the approved budget. "We are doing – and will continue to do – re-prioritization across the institution … regardless of the institution’s financial situation."

KEILA SZPALLER [email protected]

Full Story: http://missoulian.com/news/local/um-will-cut-million-from-budget-to-pay-for-new/article_bc359b4c-d44e-593d-8b86-369c16b438d2.html

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