advertisement

SEMO president worried about finances

Friday, September 18, 2009 | 9:54 a.m. CDT

CAPE GIRARDEAU — The president of Southeast Missouri State University said a "challenging" financial period may be on the horizon.

Ken Dobbins told the Southeast Missourian newspaper that the state used stimulus money to maintain its level of funding to public universities. In return, those universities did not raise fees as part of an agreement with Gov. Jay Nixon.

But Dobbins said the $5.4 million in stimulus money to SEMO goes away in 2012. He said state revenue must grow significantly or tough financial decisions will be necessary.

In anticipation for a potential shortfall in 2012, Dobbins said the university is building fund balances, making small cuts and evaluating open positions.

 


Like what you see here? Become a member.


Show Me the Errors (What's this?)

Report corrections or additions here. Leave comments below here.

You must be logged in to participate in the Show Me the Errors contest.


Comments

Leave a comment

Speak up and join the conversation! Make sure to follow the guidelines outlined below and register with our site. You must be logged in to comment. (Our full comment policy is here.)

  • Don't use obscene, profane or vulgar language.
  • Don't use language that makes personal attacks on fellow commenters or discriminates based on race, religion, gender or ethnicity.
  • Use your real first and last name when registering on the website. It will be published with every comment. (Read why we ask for that here.)
  • Don’t solicit or promote businesses.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report comment" link.

You must be logged in to comment.

Forget your password?

Don't have an account? Register here.

advertisements