LINCOLN, Neb. (AP) -- University of Nebraska-Lincoln will have to cut about 1 percent of its budget next year to offset a $4.65 million shortfall.
Chancellor Harvey Perlman met Monday with deans, program directors, faculty representatives and other campus groups to discuss strategies for balancing the budget for the 2014-15 fiscal year.
UNL spokesman Steve Smith says factors contributing to the deficit include a $2.2 million shortfall carried over from the previous fiscal year and $570,000 in new building maintenance and operation costs.
Perlman said in an email to university staff last week that UNL's enrollment figures, which were flat this spring, did not alleviate the budget shortfall as planned.