K-State announces $12 million budget callback

0
898
Anderson Hall on Kansas State campus in Manhattan Kan. on Sept. 12, 2016. (Archive photo by Nick Horvath | Collegian Media Group)

Kansas State announced plans Wednesday for a 4.48 percent budget callback.

Cindy Bontrager, vice president for administration and finance, made the statement in the K-State Today amid substantial declines in enrollment for the fall 2017 semester and persistent state funding uncertainty.

The announcement details a one-time callback, resulting in a reduction of about $12 million dollars in the university’s general use budget for the 2018 fiscal year, which runs through June 31. General use funds are about 50 percent of the university’s total budget, the announcement stated.

The fall 2017 tuition revenue estimate used in the creation of the current university budget was higher than what the university will receive, Bontrager said in the posting.

“We have already implemented increased efforts to attract out-of-state students, while continuing to focus on in-state high school graduates and transfer students,” Bontrager said. “This year, incoming graduate students increased and we will do everything we can to make progress.”

The cuts are scheduled to take effect in December, Bontrager said Monday, a month after an enrollment consultant is expected to begin work at K-State.

The Collegian first reported the budget cuts on Monday.

Advertisement
SHARE
Contributing writer for the Collegian. I’m a senior studying journalism and mass communications and working on minors in political science and music. I also manage digital operations as a communications fellow with the Kansas Democratic Party; I do not report on or write about anything political unless it shows up in the opinion section.