http://www.columbiatribune.com/news...cle_f04fecec-43d2-54df-9d1d-3226a9bc957f.html
march 9 2016 The University of Missouri will use a hiring freeze and a 5 percent cut to all recurring general revenue budgets to close a projected $32 million shortfall for the coming fiscal year, interim MU Chancellor Hank Foley wrote in a memo to campus Wednesday.
Foley wrote that the anticipated enrollment decline of 1,500 – equal to nearly 25 percent of the fall 2015 freshman class – will leave the campus short in the year that begins July 1 without accounting for budget cuts being considered by lawmakers.
“I am writing to you today to confirm that we project a very significant budget shortfall due to an unexpected sharp decline in first-year enrollments and student retention this coming fall,” Foley wrote in the memo addressed “Dear university community.”
