LSU officials have released plans for budget cuts for the 2009-10 school year. LSU Chancellor Michael Martin says projected costs are on track to exceed revenues by about $27 million this year. To bridge the gap, plans are to raise tuition and student fees, cut funds to programs such as AVATAR and the LSU Press, cut the budgets of non-academic units by 5% and academic units by 3%, furlough classified and professional staff for 52 hours per employee and freeze merit pay. “It is also important to note that in light of expected future funding challenges, we will launch a process in conjunction with realignment, aimed at carefully considering academic program eliminations and/or reductions,” Martin says. “This process, too, will likely impact long-term funding allocations.” See the full report here.
LSU outlines budget cuts
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