- Associated Press - Wednesday, June 15, 2016

LARAMIE, Wyo. (AP) - The Latest on the University of Wyoming Board of Trustees meeting on budget cuts (all times local):

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1 p.m.

A member of the University of Wyoming Faculty Senate says research will suffer if faculty must spend more time in the classroom to save money.

Business school associate professor Robert Sprague says faculty now spend about 50 percent of their time in the classroom and 50 percent on research, which includes writing books and articles.

Sprague also says he’s not sure how much money can be saved because he noted many departments are already short of faculty and some programs need part-time faculty to handle student demand.

UW President Laurie Nichols says the idea behind faculty doing more teaching is to save money by not hiring part-time faculty.

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12:30 p.m.

University of Wyoming President Laurie Nichols says she will declare a financial crisis that will enable review of all programs at the university.

The UW of Trustees on Wednesday unanimously approved a resolution backing efforts by Nichols to find ways to cut spending at the state’s only public four-year university.

UW is seeing its budget cut by more than $40 million over the next two years because of a drop in state aid brought on by a downturn in Wyoming’s energy industry.

Under a plan Nichols outlined to trustees, 70 vacant faculty and staff jobs will be immediately eliminated. In addition, some faculty will be asked to spend more time teaching and employees will be offered an incentive to retire early.

A four-day furlough during December also is being considered.

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8:05 a.m.

The University of Wyoming Board of Trustees is meeting to discuss how the state’s only public four-year university will cut more than $40 million from its budget over the next two years.

Trustees are holding the meeting in Laramie on Wednesday where new UW President Laurie Nichols will present her plan to start cutting the budget, beginning July 1.

The state has reduced its financial aid to the university because of a drop in tax revenue from the downturn in Wyoming’s energy extraction industry.

The cut in state funding is compounded by a need for the university to find about $13 million over a two-year period to cover others costs that the Legislature could not fund. That means reallocating money it had planned for other things.


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