Anticipated budget cuts announced

As most of you know by now, a $219 million (15%) cut to the higher education budget was proposed by Gov. Jindal just a few weeks ago.

Federal money will only be a short term solution, and the state is looking at more than a $400 million shortfall come 2012.

So far projections for each system are as follows:

LSU system - $102,087,705

Southern Univeristy system - $16,942,411

University of Lousiana system - $67,054,816

Louisiana Community & Technical College system - $28,794,979


These appropriations aren't final and will be submitted to the legislature in April for final approval.

The Board of Regents is working on phasing in a funding formula based on performance in areas such like increases in degrees and certificates awarded and competition for research grants.

For more information, visit:

http://www.shreveporttimes.com/article/20090325/NEWS04/90325029

http://www.lsureveille.com/anticipated-budget-cut-figures-announced-1.1629241