deficit

University budget in unexpected surplus

Murray State is beginning the fiscal year 2014-15 with excess revenue of approximately $3.8 million in net assets, which included a $1.2 million shortfall in its operating fund. Following extensive cuts and restructuring under former President Tim Miller last semester in order to diminish the University’s budget deficit, it was announced at the Board of Read More

BPR teams turn in early budget reports

After a semester of financial evaluations, the nine academic and three non-collegiate budget planning and review teams have turned in preliminary reports to the Board of Regents and President Randy Dunn. Josh Jacobs, chief of staff, said the team’s presentations to the board went smoothly at the Dec. 14 meeting. The budget teams submitted reports Read More

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