TOLEDO, Ohio (AP) - A university in northwestern Ohio will make more budget cuts after a lower-than-projected fall enrollment.
The University of Toledo president said Wednesday that the school will cut its operating budget by 1.5 percent this year and trim another 3 percent from the entire budget for the fiscal year beginning July 1. The Blade in Toledo (https://bit.ly/1OhKWDd) reports the cuts will amount to about $600,000 this year and around $8.7 million for the upcoming fiscal year.
UT President Sharon Gaber announced the latest cuts in an email to faculty and staff on Wednesday.
The fall 2015 enrollment of 20,325 students contributed to an estimated $11.5 million budget hole. Gaber in October announced an eight-month hiring freeze to help plug about $5 million of that shortfall.
Pay cuts and layoffs aren’t planned.
Information from: The Blade, https://www.toledoblade.com/
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